I expect a property lease agreement between each child series and the operating/management company (also as a child series) is just as sufficient as two separate LLCs making the same property lease agreement.My only goal is asset protection so I need to know if this approach will immediately "pierce the veil."

The expectation is that each child goes through a three month rotation and then a new child would come in to the house when the previous departs. 

Agent Trust (anonymity) .......................................................................Child Series A ..............................................

If you wouldn't mind I can send an email and you child help assist with the predictions / calculation on future appreciation.

I wouldn't invest in an area just because you have a child going to school nearby.They will only be in school for a couple of years and then you have a rental 100%Who will be managing the property - Will it be you or will it be your child?

   Hello BP Community,Over the last two days I found that two "guru's" in the RE world one was a convicted child molester and the other a scammer,  not to mention Scott.

I also require:Rent + Monthly Debt <= 45% of GROSS monthly incomeExample: So, someone making $6,000 per month ($72,000 per year) meets the initial income requirement BUT if they have a $750 car loan, $250 child support payment, and $250 credit card payment $1250 total then $1680 (rent) + $1250 (monthly debt) <= 45% x $6000 (monthly income)$2930 <=$2700 (DENIED)

For example, if a parent co-signs for a child but the child  graduates, gets a job and starts paying the loan that debt can be excluded from the parents DTI as long as there is proof and the payments from the child have been on time. 

If I created a child series to hold an investment property (not collects rents though, just hold), is the corporate veil already pierced since the Parent LLC collected income for my consulting business?

It totally reminds me of how naive I was to the demands of having a child.