@Kirstyn Indy - I would start off by calling the credit card(s) that you wish to add your child as an authorized user. 

Instead, open a Roth IRA for each child and deposit their income directly into the IRAs.

We are already a fortunately high net worth family. however, that is from my spouses W2 income, so at this stage we don’t really have anything tangible to “leave behind” and we want to try to build generational wealth for our child. 

That's a disaster waiting to happen.Unicorns are cute and all, but being a unicorn hunter is not a good career path.Now go, my child, and sin against the market no more. 

Probably child’s play for a cyclist like yourself.

Child sustained broken leg and concussion from falling through rail spindles that were too far apart. 3 days in the hospital, surgery

Your wife as joint tenant (even though she isn't an active manager she can still sign a check if need be), a child or trusted relative as a designated beneficiary (so the bank knows what to do with the money).

GROSS Income x 45% >= Rent + Monthly Debt PaymentsSometimes people have enough income for rent, BUT they have outsized monthly debts (child support, large car payments, credit cards, etc).

Services for survivorsHarriet's Hope is open to any individual — no matter their gender identity or sexual orientation — who has experienced human trafficking or chronic homelessness, meets CMHA's income guidelines for a housing voucher and is ready to make a commitment to sobriety, Kendall said.Most residents will be identified through the Salvation Army, but referrals can come from anyone, anywhere, she said.What sets the community apart from others is that the services residents need are embedded within it, Kendall said.Services include substance abuse disorder treatment by Alvis, case management through the Salvation Army, gender-affirming case management through Kaleidoscope Youth Center, a computer lab furnished by Dell, a food pantry, nutritional services, financial literacy classes, peer support, employment readiness programs, legal aid, health screenings, child care and more.Residents will start out with a one-year lease before going month to month, Kendall said.

I gain occupancy at the end of the month, and looking to begin on some of these projects then.I am a newborn when it comes to the real estate world, but I am trying to retain all the knowledge possible to become successful in this space - building a team, what type of real estate to enter, loan buying options and experience, location location location, you name it.