With my kiddos, a pre-teen and teenager, I put my kids into situations where the conversation about money comes into play, they observe how I ask questions and I allow the kids to talk directly with pros if they have questions.

And it sounds sexy that way.   

All of a sudden, a 30 year fixed mortgage, even at a higher rate/payment, starts to look a whole lot more sexy, simply because it's fixed.

Hi Sam,Do you think you have a steady stream of potential renters who will pay a premium for the pool vs without.To me, above ground pools are:[1] mainly for kids and teens,[2] says successful blue collar family (most of the time).Look up how much that pool heater will cost to run (I'm betting it's will be more than you think).Look up how much water is lost by evaporation and has to be replaced in your area.Pools require "Pool Chores" to keep them clean and running right.

It sounds super sexy, and honestly when I did it decades ago at about the same age as you, I got a major rush doing the deals.

And we have seen rates in the teens in the 80s!

Meanwhile the heir should get someone to occupy or rent the house as squatters and teens (who party) like to prey upon vacant properties. 

25+% IRR over 5 year period; otherwise, best to invest passively with others and get returns in the teens

It's called First to a Million. www.biggerpockets.com/teenIt is specifically for teens who are exactly where you are right now - the beginning.

I’d rather stick to the investing side.LOL We have teens that the cleaning gig has & could be an excellent opportunity for them.