It seems like a great opportunity to invest my money in real estate early, without having to loose precious study time.

It depends on who your target buyer is when you exit.Is it a jewelry box buyer?

@Precious Thompson if you are doing a good job understanding your client’s needs, it should not be more than 5.Hope this helps.

Also, the stage in life I am right now with a young family, my time is precious and a battle between -dayjob, family time, investing time.One thing I have come to terms is that there are more things important than investing.   

On the side we have started an online boutique buisness, and I have started blowing glass jewelry my garage to make extra money.

@Precious Thompson,From your experience how was the quitclaim deed done?

But it’s stills spreads my precious capital out a little better than not doing it.

Mom and Dad don't want their precious angel getting evicted.You're not going to student proof the house.

You would be wasting precious time and capital that you could have put towards finding deals and lenders. 

@Precious Thompson, thanks so much for your insight.