I've been eyeing up buying a second investment property: my partner's parents' place.

GROSS Income x 45% >= Rent + Monthly Debt PaymentsSometimes people have enough income for rent, BUT they have outsized monthly debts (child support, large car payments, credit cards, etc).

I feel like I’m in the perfect position to start investing my money into real estate instead of stocks because it seems like the ROI with stocks is lower than with real estate.I’m close with my brothers and we’re all working and still living with our parents, so we don’t have much expenses.

My parents deal with owner occ and those have been busy, multiple offers on many properties

Services for survivorsHarriet's Hope is open to any individual — no matter their gender identity or sexual orientation — who has experienced human trafficking or chronic homelessness, meets CMHA's income guidelines for a housing voucher and is ready to make a commitment to sobriety, Kendall said.Most residents will be identified through the Salvation Army, but referrals can come from anyone, anywhere, she said.What sets the community apart from others is that the services residents need are embedded within it, Kendall said.Services include substance abuse disorder treatment by Alvis, case management through the Salvation Army, gender-affirming case management through Kaleidoscope Youth Center, a computer lab furnished by Dell, a food pantry, nutritional services, financial literacy classes, peer support, employment readiness programs, legal aid, health screenings, child care and more.Residents will start out with a one-year lease before going month to month, Kendall said.

I currently own a property there but it is rented out so when I am back for the offseason I end up staying with my parents and get the occasional Airbnb if I need some space.

His parents were the cosigners on the lease.I have never dealt with a collections agency, I am assuming that will charge a percentage fee of whatever is collected?

With both of us working FT, managing 10 rentals, and parenting our kids we could no longer grow unless one of us left our jobs or we hired a PM.Managing one or two annual rentals is not difficult for most people, especially if you are local to the property.

Investment Info:

Single-family residence buy & hold investment in East Stroudsburg.

Purchase price: $92,000

Cash invested: $6,000

I bought this property with an FHA loan. I just moved out and thr...

Would love to hear any success stories of college students / parents who used the FHA Kiddie Condo Loan