They are excellent renters so there's no reason to deny their request and (as a former foster parent that has adopted three children) I would do everything I could to support them.3.

Essentially you create a parent LLC with each property in it's own secondary or child LLC.

You would still save more money 9 out of 10 times living with your parents but being able to leverage a low down payment loan will allow you to get a very high ROI on relatively safe investment.  

Torn between using my VA loan or use my investment property below to help fund my deal.Been losing deals left and right due to the owner occupied rule with VA.I have about 30k in savings, 30k retirement fund, no debt, low expenses (living with parents until find a place)I Own (under my name) a 5 unit mixed use building (4 residential, 1 commercial) fully occupied.

I use: Coaches Companies that hire seasonal workers College Housing website Official Parent Group for Colorado Mesa University Craiglist Zillow Avail - posts to 30 sites for free Apartments Roomies Market place Reddit Tenants incentive "Room for rent" Signs - google Voice to hide my actually phone number Your cities Department of Human Services College bill boards rip off advertising

Even though they don't need major projects or much maintenance, now that we're parents and don't live there, it's still annoying when things come up. 

Are we able to transfer our funds to each other's LLC without worrying about taxes since they are both under the same parent company?

@Jason Frink, this page seems to cover it:https://www.omglawfirm.com/arkansas-probate-intestate-succes...Here is a pertinent snippet from that page:If you don’t have a Will, the default order of descent goes like this: (1) full blood and adopted children of the decedent, subject to any dower, curtesy, and homestead interest of a spouse; (2) if no full blood or adopted children, then everything to a spouse of greater than three years or half of everything plus dower, curtesy, and homestead to a spouse of less than three years and the other half of everything to other heirs (per this table); (3) to the decedent’s parents or surviving siblings; (4) to the decedent’s grandparents or surviving aunts, uncles, cousins, etc.; (5) to the decedent’s great-grandparents or surviving great aunts, great uncles, etc.; (6) if none of those intermediate descendents are alive the remaining half can go to the spouse of less than three years or to a predeceased spouse’s heirs; (7) finally, if none of these apply, all the property escheats to the county where the decedent died.A good way to visualize the order is to imagine the following scenario: Alfred dies without a Will.

I have spoke with my parents who have been in long term rental business for 30+ years and use an account to for their taxes.

If you can find a partner invested in your success—whether it’s a significant other, a parent, or even the BiggerPockets community—it can make all the difference.