Appreciation is an awesome bonus but not something a deal should rely on.)What Every Real Estate Investor Needs to Know About Cash Flow...

I am not aware of any other city in america that has gone through a more positive transformation then Cleveland, simply booming.   

Our family loves great restaurants, entertainment, etc. and would find it difficult to lose access to that.No state income tax states get major bonus pointsWe love the outdoors. 

If you did this the 1031 would be appropriate, you get the lease you each want, and after a year or so they can exercise their option and buy it from you.Added bonus - If the rent to own is structured tight enough so that risk of loss passes to the now tenant at signing of the contract rather than the deed changing that is the same thing as you selling the property on the day you ink the rent to own so you could again 1031 that property if the financing issues could be worked out.

Appreciation is a fantastic bonus, but it is risky to count on, even in our dynamic Austin market. 

The other two...yeah, not so much.My point is, if you really have the right kid, he's going to be bright and motivated to succeed enough to see the value of what you're handing him, and it's going to be a transformative experience.For many of us here on this site, it was reading Rich Dad, Poor Dad that lit a fire under us.

I consider MTM a bonus for the LL so I would not up charge and can’t offer any other advise.

If you already got the property, and it's listed for renting, see if you can apply the bonus depreciation for roof replacing (with the same type of roof, no improvements) - talk with your CPA.

Ally is currently paying 1.8% and Discover is 1.75 with a $200 bonus for depositing 25k. 

.  :-(  The bonus that doesn't get a lot of talk time, however, is the really good reporting that can be generated when you leverage the classes along with standard bookkeeping practices.