Quote Originally Posted by Cams Purple Lambo View Post
terrible idea considering neither of you know about real estate finance or construction/regular upkeep of an apt etc...

put your spare money in vanguards total stock market index or some field that you are educated in (e.g. if jon wanted to do a start-up or something).

i doubt you have great access to credit (esp considering you bought your house with an FHA loan with like 2% down) or have any familiarity with the legal framework of organizing an LLC, obtaining lending to the LLC to leverage you RE investment and write off depreciation/re taxes/loan interest etc... (to maintain more profitability) etc...
our mortgagr is already paid off. jon knows what hes doing.