Daughter just got her first job, and will likely live in Phoenix long term (she is engaged to a local).

I got financially free at the age of 35.Now I am working on to relocate in Lisbon on a golden or entrepreneur visa with my family (wife and two daughters)Currently Seeking in Portugal:People with Real estate experience to connect with to discuss Property Investment as I wanted to buy 350k worth of property for Golden VisaAlso looking out an visa agent who will help us to relocate to Portugal

5K huh... hmmmm.. magic sweaty ball of predictions let me give it a rub and see what it says.Here is what you can do... wait let me rephrase this... here is what I would do.With (just) 5K budget, you can't really risk winging it so listen up.I would hire a PPC expert and I would get my first deal ASAP.Here is why it is crucial you get a deal ASAP.Every month you do not make money... you lose money.Rent, food, crablegs, questionable entertainment,  seriously questionable entertainment... women (get your mind out of the gutters boi, I mean your wife, your daughters, GF your female pet dog fido needs dog food too) rent, insurance,  soap... ehh who needs soap... be honest.

The return(s) should list their adjusted basis at time of gift, which becomes the daughter's adjusted tax basis.Hindsight is 20/20, but if the property was purchased 40+ years ago and has substantial built-in appreciation, that's a pretty strong sign they should have let the daughter inherit the property at a stepped-up basis instead of gifting it to her. 

& yes , been there with the bad tenants sucking the life out of you & my then husband made me be the bad guy cause he sure wasn't going to do it & our daughter was young at the time as well !

The prospective tenant is moving with her daughter, her significant other as well as with her brother who is just over 18.  

Apparently the decreased father (mean old man) had been dead for 1 1/2 years (in addition to the pet cat) before the daughter was contacted!

I found a distressed property for sale.The owner is in a nursing home and the daughter that has power of attorney wants to sell the property and put the money in the owner’s estate.

Father in law has a home in Seattle worth about 600K(After Repair Value) with 100K left on the mortgage and wants to gift it to me and his daughter.  2.

She was looking to buy a house in a different area after her daughter graduated from the local high school near my house (daughter was going in as a freshman at the time).