I've got a 7 year old daughter as well who wants to own mansions lol. smh I believe there’s a huge opportunity to empower more young people with the knowledge and tools they need to get started in real estate investing.

I have since been keeping in contact without pushing her and making her feel pressured.I spoke with the seller again today to try to get the ball rolling and she mentioned her daughter is a realtorand she had her ask a friend that deals in larger MHP whom said the property is worth over $300,000 but stated that because of the size and lack of comps its hard to give an exact amount.I asked her if $300,000 was what she was looking to get for the property and she said she was thinking more like $250,000 as she owns it out right and would rather see someone else benefit from it like her and her husband did.A similar ranch home not even a 15 min walk is under contract for $280,000 currently.

My daughter graduated 1.5 years ago and when she graduated she was not sure where she was going to land.

@Denise Evans This is exactly what is happening to my daughter and her husband!  

I spoke with the husband and his daughter.

It's a lower income area but definitely not a war zone, I am perfectly comfortable having my daughter go there alone.

I found this deal through my daughter and wife, who are both real estate agents specializing in commercial properties.

My daughter is 14.

We did keep a condo that our daughter lived in.

But to answer your question, I'm cool with my daughter living with me until she's around 30.