I tried things like charcuterie boards from a local company, but there were too many variables.  

In your case, it sounds like depreciation would give you a lot of benefit even without qualifying as REPS.As you mentioned, the kids will get a step up in basis when they inherit the property. 

Kids immediately ran all over the house and upstairs and aggressively slammed doors, ran everywhere, stomping very loudly. 

Can you share how the deal is structured, how you got the investors on board and a more about the financials ?

Your total spend might be like $1,500/year on everything from brokerage to MLS to boards.

For example I had my slow teenage kids with me and I hadn’t replaced the keycard by checkout time (6 minutes past), although we were out of the property and had locked the door by that time.

There is cash flow, appreciation, annoyance, management, and proximity to factor in over time, and as I said to Chris, the asset(s) that our kids can handle and the ones they can't.

I've been caught in my PJs, chasing my kids around in the front yard, drinking with a neighbor, etc.  

If I die in 2024 and it's worth $2 million and my kids can keep the property, live in it or rent it out or they sell it for $2.5 million in 2026. 

Make sure you board up your windows from the inside, you don't want squatters in the meantime, nor further damage.