I have a few dozen properties and am constantly horse trading.

My longterm goal is to create multiple streams of income (and be location independent) and hope RE can be one of those streams.

Someone who constantly slow pays vendors or lenders is not someone I would loan money to.

With owner financing you can make up whatever terms you want.Over 1/3 of residential houses are free and clear.I get a list from a broker, and ask them to turn their house into an annuity stream instead of cash.Own a note with security instead of tenants and toilets.

FEMA is constantly updating their maps and you will get different answers from different sources all at the same time.Check with your insurance provider to see if flood insurance is required at the property you want to buy?

We are constantly doing research and learning but lack the experience which most of you have.

I was thinking that may be a way for her to get her income stream without the hassles of any of the property management details.A secondary question off of this that maybe can also be addressed by those in the know are - why would a Realtor even reach out to a "we buy houses" type of investor in the first place when they could list their own property and keep 1/2 of the potential commission?

If you add equity to cashflow, the 5 year plan is superior any time.Doing a Net Present Value (NPV) calculation makes all income streams a wash at around 7% return, however rents would be scheduled to increase accordingly.

I am a newbie here at BP and I am constantly amazed at the wealth of info floating around these forums.

I assume you have attempted to stream-line your mortgages.