It's best to involve a real estate attorney to ensure the contract is legally sound.

@Hoai Nguyen suggest modifying your current lease to cover multi-family setup.Parking, shared access, police report required for landlord to get involved in disputes, etc.

My local STRs require me to be VERY involved. 

Additionally, there may be grant money or other funding programs available to you.Finally, if you get involved with a local real estate group you can likely find other investors that might want to participate in the deal with you.

The day-to-day job of a landlord involves being on call 24/7, finding emergency contractors, collecting rent, screening potential tenants, and resolving disputes.For some investors, selling a rental property makes the most financial sense to get their life back to normal.11.

If you want to buy a property for your kid, you should think about empowering her and involving her in the process as more than just a tenant.

I beleive there is always a way to improve relationships and often times that involves some give and take.  

Here's a few things you might want to consider:Open Family Discussion: Since there are multiple heirs and not all are on great terms, it’s important to have an open conversation with everyone involved.

All real estate investing (not including some creative strategies) involves acquiring real estate.

- Do you handle evictions and the legal aspects involved?