Or would you set up a parent LLC to hold all the individual LLCs in different states?

@Jared Basker, your best route is probably to sell your current home to your parents at FMV.

.); any money they have in there must go towards paying 50% of rent as well6) if they are short on all the above, they must move in with family / relative / brother / sister / parent, etc.7) the only situation when they have a right to be a squatter is when they can prove that they will be homeless if evicted and have no one to turn to and no money in the bank (but whoever gets to this situation is a lousy manager of money and don't know how to live within their means while employed)

I'm currently helping my aging parents, and I need to be spending more time taking care of them.

My purpose behind my decision to pursue REI is to gain financial freedom for wife and I, my future family as well as have the ability to make sure my parents are well taken care of once they reach the retirement age.If I had to label myself I’d want to be known as an open minded rental investor for all long term, mid term and short term investing, with the occasional flip for quicker capitol to put back into another rental.

Lenders will allow parents to be a non-occupying co-borrower on a home your college student plans to live in.

My parents bought their home in Cupertino or 30k in 70. 

I want to start a nonprofit eventually to help the poor in the USA & other countries, and I'm considering using my own money or receiving government funds instead of relying on donations from people unless they're just rich ****s.

.: Oak Harbor Capital is the parent company of the lender name I can't remember, but it started with a C and had a funny name, and they were formed in 2022 or 2021.

Say you got a neighborhood in suburban Georgia with a certain type of industry in the area, well, okay, cool, but you're gonna have a 24-year old recent Berkley graduate still living with their parents to manage the property!