I wouldn't put them on the mortgage, like others have suggested, it can trigger taxable events etc.I personally would want to keep control of the situation by having complete ownership and then just have my kid be responsible for being a property manager as his way to live in the house.Be clear that there are different hats (as Dave Ramsey says), when your kid is over for Thanksgiving meal, you have your papa hat on. 

But I feel like a proud papa.

I got 4 live ones. 1 couldn't sell since papa was a rolling stone and had children they knew of but had no communications with.

Be careful of what you incorporate into your lease in PA. PA

It also opens you up to do even more real estate deals when you setup your self directed solo-k and invest your retirement contributions and your company match into properties.If you send it up right your W2 and hers can both share the cost of living and nobody needs to be the sugar mama or papa.

You did notice that he has a "family commercial real-estate business", meaning that Mama and Papa have propped him up.

Fast food franchisors like Papa John are actively recruiting franchisees. 

I have friends that knock it dead with subway sandwhich shops .. and one with a bunch of papa murphys take an bake... 100k will buy you a store and will make you at least 50k net a year..  

@Angelo Bazile Papa bull and son bull were eating grass on top of a hill in a pasture. 

I used to be a driver for the Papa Johns off Murfreesboro Rd (or maybe it was a totally different road, I have no idea where it was).