It is more of a challenge to manage the pool and exercise room than you may think but students would certainly like to have them, as well as a fire pit to gather around. 

Don’t want you spinning your wheels man but this is a great exercise for ya. 

This week, closing on the sale of this property as the tenant exercises the option after a year.

They are now being used for enhanced photography, virtual tours, and even property management.Big DataAs the world becomes a planet of digital natives, more and more data is becoming available to the public.

I have PMs for my current properties so they are generally pretty passive already, but the DSTs would be totally passive, for better or for worse.The outfit I have been speaking with represents that they do greatly enhanced due diligence (e.g., multiple site visits on an anonymous basis), apply analytical stress testing to pro forma financials and avoid certain categories of properties altogether (Senior Housing, Oil & Gas, etc) to ensure that all underlying properties held by the respective DSTs are prudent investments for folks who are not experts in making risk assessments for these larger operations. 

Not only does it help in dealing with banks, but it's also a great exercise to keep track of your financial health. 

You laid out the pro/con of each approach in your post, so I would take it one step further and do this exercise with your dad:Sit down for 30 minutes and ask, where do we want to be in 3yrs, 5yrs? 

I would appreciate honest opinions and options of how to enhance my situation while keeping a family balance because we also have two young children.

If my tennant buyer would like to exercise option to buy what is the next step I should do?

Purchase price: $114,000 Cash invested: $4,500 Sale price: $142,000 Lived in the home for first 2 years of ownership and then lease optioned it to another family on a 3 year lease term with an option to exercise purchase at the end of the term.