The northland (as north of the river is often called) is also a burgeoning home to massive data centers including one built by Facebook’s parent Meta and also has charming and distinctive downtowns including North Kansas City and Parkville.

Sorry to rebuff your favorite influencer with an office at their parents' kitchen.14-day free rent aka Augusta rule loophole.

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

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

@Cindy NgGood for you for taking care of your elderly parents.

I was able to negotiate about 10% discount that was purely circumstantial, I'll let time do the appreciating passively instead of running a 6 months construction project with holding cost.

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

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.