I have a minor termite issue on one of my first properties.

I would need to hire a local management company (or, at least, a local on retainer to be available to deal with issues).

You could split the income and expenses 1/3 each but another issue I want to point out is that when your father added you and your brother to the deed, he made a gift.

In my experience even if you go with the older property and completely rehab it you can still have issues pop up.

Also, most disclosures can't be seen on those sites, so something that has foundation/structural issues vs not?

Will be providing them an opportunity of about 150k RFQ/PO for a client of mine in the next couple of weeks, I asked for ground drop on all materials and single day delivery without fee they said it wouldn't be an issue.

Luckily, I lived through all the issues she had with the tenants, how she handled them, and helped with reno's from time to time. 

I am having issues getting pre-approved through a bank as I only have one year W2 job history and two years self employment history, even though I have 660 credit 10K saved and we'll make around 70 K this year all income combined.

I am having issues getting pre-approved through a bank as I only have one year W2 job history and two years self employment history, even though I have 660 credit 10K saved and we'll make around 70 K this year all income combined.

It'll get you familiar with writing and understanding contracts, negotiations, title issues, etc.