The two times I did it both were parents of the renter, with property.

The tenant base is generally 95% single women with 2 to 5 kids and they flat destroy houses, Not on purpose  most of the time but if you have children all below 10 years old they are just brutual on houses even in the best of situations of which single parent with multiple baby daddys is not the best of circumstances.. full stop.

And was your representative able to open the child series without getting a separate EIN from the parent LLC?

In Miami, i have my family and also have great opportunities to build a career there from my parents relationships.Now, im not sure if when i graduate, go to Miami where my family is and start from scratch or if i should stay here in boston and continue building relationships to be much ahead when i graduate.What do you guys think?

I've definitely seen parents purchase properties close to campus to house their kids while they're at school, it's a solid move.

You can have a parent LLC owned by two trusts, 50/50 and you'd have double the protection. 

If we find damages, we withhold the necessary amount from the security deposit to cover repair or replacement costs.

Pretty sure you cant take a car or anything bankruptcy court would withhold from proceedings.

I'm currently using about $120k of the $805k entitlement for 2025, so my plan is to purchase an MFH soon and move into one of the units while my parents become the tenants to my current home.

I could fly home to take care of my parents with zero notice and stay for a month, or two.