Landlording truly is a savage business having to order people around like children because they act like over sized children !

Your children own rentals but are not in real estate, even though that is all they have known you to do. 

We’re both very excited to build a an inheritance for our children!

And yes, no doubt many pets do less damage the children....and either one can cause a claim against a security deposit. 

We get a lot of business travel since it's the furniture capital of the world.

My grandmother passed away a few months ago and her home was passed down and split to her 6 children in a trust.

In C/D areas you must treat your tenants like children...bad children.By the 2 year mark if your property is paid off your cash flow will be reduced to almost zero due to the rent being eaten by paying for the opportunity value of your equity.

Who owns the furniture?

I just got me real estate license and have 3 young children so I am very part time.

They cannot achieve salaries that can help support their lifestyles as everything in the City increases dramatically.The population that is staying are then benefiting from their higher equity as their home prices increase as well as their ability to achieve higher salaries from those jobs that require a skillset for it.With the higher equity, if they owned, they are then able to send their children to higher quality of schools which we know are expensive today.When those kids come back, they want to stay, mostly because it's a great place and they can afford it by going to these quality schools and Universities.ANYWAY, I think you get the point.I have been seeing this trend for the last 21 years investing in Brooklyn, NYC.