I have a great agent, Sharon Foster, who is a wealth of knowledge and a great help but I have a LOT to learn.

Hello BP,My name is Dylan Stone and I'm a former oil rig worker turned licensed realtor from Los Angeles county (yes we have oilfields here) I made the decision to get into real estate after being laid off from my oilfield job and after reading numerous books I figured "If I can work 12 hours a day doing back breaking and dangerous work for somebody else, why not work for myself in an air conditioned office" haha.

@Marcus Isaac - If it is her name on the loan and the deed she will need to be involved in everything related to the property.You need 3.5% down for FHA. not sure what the prices are in Delaware, but that is not a whole heck of a lot to come up with. 

For example a newbie may need to look at numerous properties and do walkthrough (before being really ready to pull the trigger) while learning to analyze the numbers in order to know whether or not there is a deal.What would you recommend to be appropriate and how can this be approached?"

There is a lot to this property that I want to make sure I follow through on. 

May have something to add here as he has numerous vacation rentals in S.

Plus numerous outdoor improvements to improve curb appeal and landscaping, add a dog run, and improve lighting/security. * Over time, we'd spend $7500/unit to upgrade interiors as units turned over.

@Michael Wind IMO there is a very strong argument for VR independence but there is a LOT to do and I'm about 1/4 the way through my checklist, e.g. website, SEO, marketing, booking, financial modeling etc....  

A lot to learn.

After listening to numerous podcasts, reading books, I’ve decided I need to end my analysis paralysis.