Even within a state, the experience can vary dramatically. 

If you don't like Dave Ramsey then we can look at Big Bang Theory where Penny borrowed money from Sheldon and even though he didn't care about what she was spending or when she would be paying him back, every time he said anything she thought he was grilling her about that. 

Not one single strategy will work for every property. 

I think you can go to his law website and read the whole book on the different tabs as opposed to even purchasing the book.This is the way I have my business structured and have been happy with it.

Quote from @Melanie Baldridge: In 2025 the bonus depreciation rate is 40%.This means that if you bought a property for $1M in 2025, did a cost seg study and found $300K in eligible assets that you could depreciate, you could take 40% of that $300K as bonus depreciation to offset your income in the first year.40% of $300K = $120K.You then apply that $120K to the owner’s personal tax rate to find the final amount that they can defer in year 1.If your tax rate is 37%, you can defer $66.6K.This is a big deal even at the 40% bonus depreciation rate this year.It’s a massive benefit 

We’re also open to alternative ideas, such as tiny homes or even those prefab homes from Home Depot or Amazon.

On a side note, oddly, the tenant before her was also a single woman, around the same age, stayed in the apartment for 10 months, no communication or heads up, left around the same time of the year.

I have three single family rentals for three years and I now have my first horror story.

Had mortgage and note on the property.Buyer failed to get insurance is my understanding even though it was in the agreement. 

Even though my question was framed leaning towards my son not being too exposed, is there benefit otherwise?