The CAPX combined with the types of tenants that you're most likely (but in no way guaranteed) to get could turn the deal sour in a year or so.  

Are you looking for passive income/appreciation/combination?  

They could use that money combined with annual gift limits to repay you tax free for the condo investment. 

You can also have a combination of leveraged and paid off properties.

Actually using regression statistical model (90 day weighted avg) based on home price since 2011 to date analyze sf, lot size, amenities(fire pit, modern bath, outdoor fireplace, pool, hot tub, solar panels) to determine the contribution.

In a PUD project, it holds title to the common elements.homeowner's insuranceAn insurance policy that combines personal liability insurance and hazard insurance coverage for a dwelling and its contents.homeowner's warrantyA type of insurance often purchased by homebuyers that will cover repairs to certain items, such as heating or air conditioning, should they break down within the coverage period.

I originally offered $600 (+$25 for dog) rent price for them to share a room and share a spare bedroom with me for storage.  50% split use of the house between myself and them (which the couple combined realistically probably uses more than 50% of the house) They counter offered this first month for $500 based on the current construction status of the house. 

For the two exchanges combined that means your buying $105K less than what you sold. 

Yes, I am quite familiar with this size of space and you are right that it is usually best to combine the management with leasing so that it's worth the $ to do the leasing.

A 645 election can be filed to combine the Estate/Trust into one entity for tax purposes (I do this 99% of the time).You should speak with your CPA (who is specialized in estates/trusts) to confirm the disposition of assetsConfirm that you can take the assets outright, as opposed to further in trustGenerally, step up in basis of all assetsIf you are renting the property, you would want to get it appraised, as this will re-start depreciation.More potential implicationsSpeak to your CPA and attorney to make sure everything is handled correctly.