It's really hard to give financial advice without having a full idea of what you're trying to do (fix and flip, buy and hold etc). 

I don't have the time or the financial means at the moment for that.

Furthermore, while not obligated, RTR financially contributed to help this investor offset missed rents from the tenant, which it sounds like the investor later recovered from the tenant eventually.

My kids went through this around the same age and still have an interest.Teach him financial literacy and include him in what you are normally doing.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

If a deal aligns with your financial goals and makes sense in the broader context, don’t let rigid rules hold you back.

Prioritize your financial stability.

@Celine Li Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I completely agree with the advice and I'm perfectly okay with not charging him rent.My concern is that by treating this property differently from all the other units in the Series LLC, I may be opening myself up to a situation where I'm weakening my LLC protections even if I keep the financials separate and in order.

MiThank you,You need to understand Miami is one of the most sought after city by investor, OO and financier of the world hence the price is skyrocketing.If I were you I would not buy one duplex but three LOL