Exterior work involved repairing the roof, painting, replacing rotten wood, and installing new light fixtures.Multiple contractors were engaged for the project, with licensed professionals handling electrical, plumbing, and HVAC upgrades.I have compared the comps in this area on Zillow and it’s in the range of 115k to 130k. all else checks out, except that I do not have boots on the ground to verify in-person.  

I'm going to make a separate savings until I have the extra funds to invest into it. 

Have you ever used your real estate or mortgage license for your personal transactions?

However, the tenant started missing rents but it seemed like she was going through some personal issues so I let her stay.

However, it's important to weigh this against the ongoing expenditure on your mom's rent.Options 2 and 3 involve reallocating your funds towards purchasing properties, potentially in high-appreciating markets like San Diego or Orlando.

Quote from @Carlos Lissimore: I can assist you with some questions that need to be answered such as credit score, experience, And do he has down pay when are you and your client free to chat so we can get to the closing table feel free to message so we can continue We are looking into sb684 and fee simple lot splits and funding for acquiring and construction.

I think there are a few private money lenders in our group including myself, people are always needing funds, and there's a few wholesalers that also are passing deals around.

Here are a few options to consider:Emergency Fund: Keep around 6-12 months of expenses - most professionals this is about 20-30K.

Funds withdrawn from your account, sent to 3rd party company that prints & mails a paper check.

if you buy a property at market price in a good neighborhood - you will break even or lose money.and in general, if you're serious about this, i'd recommend going to your chosen market in person, probably multiple times, to set up your team.