Not a fan of D.C. multi family right now prices are high with rates very hard to cash flow and unless you are playing in the 1.5mil+ you are in at best borderline neighborhood’s & also competing against a ton of newer apartments in most cases.

Personally, these strategies played as piers to the foundation of my own journey.

Since a mechanic is an expert at repairing autos and not playing Nostradamus and predicting exact future, they use an industry accepted, published, estimation table to predict the appropriate billable time for said repair, known as book hours. 

Obviously, your son's preferences play a huge role in what he will enjoy/be drawn to study. 

Another play I did is a multifamily unit with investors.

@Hayden ThomasAs mentioned there are a lot of factors that come into play in this which will not be able to be answered on BiggerPockets - best to get your attorney to review and advise

My returns also got a bit too complicated with niche REI stuff for the great tax guy I used for many years and still does my parents and sisters taxes.They handle other REI guys and attend some REIA groups I went to and knew about bonus depreciation, K1, cost segs, schedule E and HELOC junk used for investing and private lending.

@Monico LorenzanaThe types of units that attract long term tenants in multifamily are the townhome style units, and if they have garages, a big bonus.

I just use the comps but market activity also plays a factor.

I was just mentioning that’s what it could be brought up too but I wanted to play around with the numbers to see if there was a different number so I didn’t need to pay the utilities.