To your point about experience with renters, it has been pretty low key (children's birthday parties, women's retreats, families getting away for a weekend, etc).

Open to how you screen and prevent problem children! 

Again a real reduction of taxes.My favorite of all time though is my client who did a 1031 of a farm and bought investment properties in each of the three cities where their children lived (tax deferral). 

With the Wright-Patterson Air Force Base, Dayton Children’s Hospital, and a bunch of universities, there’s a steady demand for rentals.Each city has its perks, so it really depends on whether you're after appreciation or cash flow.

For example, going to college, first job,  getting married, having children, HELL changing careers at age 50, and obtaining a master's degree.I have a 6 flat and 3 tenants at the same time are being evicted.

As a mom I have chosen to remain in the back-ground of my children's Business.  

Hello all legal experts,If someone owns multiple real estate properties and each of those properties are in their own LLCs, then ownership by children or another family member is the question.If original owner passes away, then their children may not be able to operate them. 

Your wife has multiple children and a household to run. 

It becomes more preferred if there are children living in the home so consider who you’ll be renting to, but even then I think one bathtub in the home is fine. 

They were struggling to find a new place to live and needed financial help to secure their next steps and provide Christmas presents for their children.