Quote from @David Cherkowsky: Material Participation: Material participation is the key factor here.

—will be key to success!! 

When evaluating long-term real estate opportunities, keep in mind the four key pillars of investing:Appreciation – Focus on how your property’s value grows over time.Cash Flow – Assess your rental income after accounting for all expenses.Tax Benefits – Leverage deductions like depreciation to reduce your tax burden.Debt Pay Down – Use rental income to pay down your mortgage, steadily building equity.Think of it like investing in a 401(k) with a long-term perspective—especially in California, where property values can appreciate significantly over time.

Cash for keys is a terrible technique preached by rookies.

There is a variable missing in your post that is the key to answering the question of which asset to leverage to purchase the asset you have in mind.

The key is finding a reputable house-moving company in your area that can handle permits, utility disconnections, and logistics.

I really would not be negotiating cash for keys now with the daughter at all.. 

I watched Michael's content for a couple years was eager to get into the turn key program. i gave them 20k to get started and then I had to stop the program after a just a couple property options were sent over. 

With Tenant Turner, we can set specific requirements that prospective tenants need to meet before they’re approved to request a showing—such as rent-to-income ratio, pet policies, and other key criteria.

Having a good game plan as an investor is key, making wise purchases, accurate budgets, holding subs accountable and to also know, yes, this may be the  current ARV at purchase, but how is this market trending and what’s our timeline.