Now, if you have a rich sibling or parent then that's what I call PRIVATE MONEY. 

I am a current foster parent and I have been n this business for 40 years. this is a passion of mine and I wanted to give back How did you find this deal and how did you negotiate it?

Hi, I've become the manager of my parents' real estate investment companies pretty much out of the blue.

If some child gets hurt, they will almost always come after you too, even if the tenants have renters insurance. 

I am beyond the two years required.What I am trying to do is find a way to buy a multifamily using FHA 3 1/2% down payment as opposed to 20% or 25% as an investment property.I have a situation where it would be beneficial for me to try and help my mom and my sister move into a place  because I can afford to purchase it… The grey area is whether or not they are considered family members per FHA guidelines to qualify for the 3 1/2% down payment. on the FHA website… It says family members are considered parents, sisters, brothers, etc.I am definitely not trying to do anything illegal, I just thought maybe if I sell my primary residence… I could buy the multiunit per FHA guidelines as long as my mom and my sister are considered family.I have been told that the 12 month or 24 month living requirement only requires one family member to live in the home… So if my mom and my sister are considered family members… Does that meet the requirement? 

I am new to real estate investing but I watched my parent invest in a couple of properties in the past.

The Series LLC acts as an umbrella, a parent of sorts, and can create individual child series that are treated as separate entities. 

Effective tenant management involves clear communication, lease review, and considering parent co-signers for college student tenants.

She managed the real estate properties that my parents hold.

Like I mentioned I have been living here for 7 years now, I meet so many previous clients (now friends) on the street, in supermarkets, etc, even my child was born here.