Texas is also the poster child of land in the path of progress richs being made. 

I'd add a late fee to the lease renewal, but if they are struggling to pay rent now, when the baby comes, they will be down one income for a bit and then have child care, so will likely have more problems. 

.- determine how I can assist child in purchasing his own home in San Diego.  

Owning properties through LLCs in their respective states avoids the need to register a foreign LLC, which adds costs and administrative requirements.If you plan to acquire properties across multiple states, you could create a parent LLC in Florida and have individual property-specific LLCs (child LLCs) in each state.

Quote from @Andrew Syrios: So basically note investing is really trashy and you're looking for a continuous stream of income but instead of alimony or child support it's loan payments instead? 

I could likely see many things from the TCJA being made permanent, mostly procedural items like the higher standard deduction and child tax credit (Plus eliminating exemptions).

Good luck, you are a busy man with school, family and baseball.Likely your best bet is house hacking (if your partner and child are willing to share housing). 

My wife and I have a child as a member on each property(last man standing gets it all). 

I have lived in (with a small child) and own multiple pre-1978 homes that most likely had lead paint in them.

As for location I'd like to purchase property I'm undecided; wherever isn't going to give me a headache :)..