If you want to buy a property for your kid, you should think about empowering her and involving her in the process as more than just a tenant.

It's a 3 BD which is tight when my two kids or extended family come.  

The ladies in these small mountain towns are raising kids, cleaning in-between school hours, sometimes even having their kids help them work the business after hours.Before you read, No, we chose not to start a cleaning company and pay via W2. 

You will be unavailable to her (and kids if you have them) physically and mentally most of the time, being immersed in the rehab of your property.

I serve on the board of CFRI, the local chapter of the National REIA in Olrando.

I've been considering a property near one of my kid's colleges that is  currently a multifamily. 3 units: 2/1, 1/1, 1/1.

I serve on the board of our local REIA (Central Florida Realty Investors, CFRI) and this would be a great place for you to network with other local investors.

Hopefully we can get a few on board.

I've been on this board since 2010 and haven't found an example yet.

If it's a $100k loan amount, then yes this seems pretty fair across the board.