Hey @Kevin LeahyI would definitely suggest seeking out a value-add deal, as that is where you’ll be able to get the greatest return on your sweat equity.Having said that, shoot me a PM and let’s chat about your plan and the best way to go about everything 

Your tax returns will be a nightmare as well if your going to juggle rentals, etc. 

PLEASE educate me, I do not want to make a rookie move, but I am having a hard time wrapping my head why borrowing money (and paying all that interest) is better investment than cash sale.You already did the math on return on investment.

Appreciation seems too close to the same returns as index fund. what kind of appreciation have you seen?

I can't refer you to a particular one since I personally am not investing in one of them, (so I don't know their returns or safety) but try looking in the Dallas Texas area for funds that are related to Multi Family.

Because he has what youre asking about at the tips of his fingers from your past tax returns.   

I reached a niece that held a memorial service for the deceased owner. 

It depends.it depends on your investing strategy, it depends of what market your investing in and most importantly it depends on you goals. for example one investor can say i like working with people in D areas so im fine with 6% COC return but my ROI has to be 20% in 5 years.The next investor that wants turn key properties SFR with 10% ROI wouldnt wish that criteria on their worst enemy.So what people say on here wont help you make a decision about your criteria.NOW that being said heres my 2 cents!

That said, even though they don't show on credit, when applying for new loans, it's still disclosed through the personal financial statement, tax returns, and bank statements.

I returned the $2,000 to my friend with an additional $200.