We then schedule a meeting for all adults to review and sign the documents at our office.

The Fair Housing Act is what applies to privately owned property (with the exceptions Bruce listed above) and it forbids discrimination against prospective tenants because of their disability as well as race, religion, sex (including gender identity and sexual orientation), skin color, familial status, and national origin. 

Those are slumlords that ignore repeated warnings and fines or landlords that sexually harass their renters.You want to stay out of court?

Good morning Let's assume (for estate planning) you create a revocable trust held by both spouses with all adult kids also active & as beneficiaries.

Some parents here have gifted their properties to their adult kids - parent child transfers via inheritance or gift, you can inherit their property tax basis but you have to live in the house - this was from Proposition 19 passed in 2020 to undo some of the Prop 13 benefits.

I have been wanting to get into Real Estate investing ever since I was a young adult and I had it in my head that I needed to be rich first in order to get started.

. #3, The middle aged mother who had 3 young adult aged daughters.

I do want to point out that there are reasons why I want to keep the discussion simple and not go into a Monthly IRR which will wind up becoming a much larger Math discussion.I know from teaching classes for the around 10 years to Educated Adults, when it comes to Math, especially complicated financial math, despite the fact that it will make them millions, their eyes glaze over and fall asleep.

adults=2&children=...

I had a deal fall through with a buyer client of mine for an HPR with a basement unit after schlepping to the deed office to look through HPR docs, only to find a restriction on more than two unrelated adults living in the property.