Given today's market.But conservatively, at those prices ($1,100 studio, $2,100 house) they would bring in$38,400 a year. 53% of that would go to fixed expenses ($899 mortgage @ 2.15% interest, $5.8k property tax, $4k house insurance).

Once you combine cash flow, appreciation, debt reduction, tax benefits, equity, depreciation, inflation hedge, rental increases over time, etc.

It's up to their tax professional on how to present that info on their tax returns.

Same tax situation and more likely higher potential to appreciate faster.

@Bailey RentzStessa is an excellent platform for tracking income and expenses for investors; it is user-friendly.

Advisory services (tax, law, brokerage) are also avenues.

thats basic list one can add.Value add /  New construction / land entitlements/ Timber / Minerals/ Lendingetc etc.. far more ways to actually make money than just buy and wait for rental income to payoff debtl 

I've done it at times, sometimes 6 figures, but always do it so that there's no tax burden on my recipient.

Verify income: Always make sure they make 3 times the money required monthly for rent.  

They don't require employment verification, income or tax returns.