I even considered owner financing it to somebody more ambitious or at least has more time than me.During pondering what to do with the property it crossed my mind, it could make a good mail drop store.

These days, even properties with nice amenities like pools need to go the extra mile to capture attention and bookings.

However, this has to be the primary residence of everyone on title in order to qualify and even if that were all true, we're still only up to $1M that way.I agree with the other commenters, the parents should continue to own it and live in it as their primary, leave it to the daughter when they pass, and she inherits it at the stepped up cost basis. 

If we see any reduction in interest rates in the near future, we expect the market to become even more active, which would only amplify the already noticeable shift.Jan 1, 2020 to Jan 31, 2025 Mortgage RatesIn summary, while we are still navigating some uncertainties with higher rates, the outlook for the Las Vegas real estate market in 2025 is promising.

Potentially even visa versa since putting a few short term rentals would immediately generate some income and then sell off the parcels either with or without an income producing rental already in place.

IMO your property is not a good brrrr candidate if rents do not cover mortgage and even more so if they only cover half the mortgage. 

Hahaha I'd bet anyone under 40 doesn't even know what that is :D OK.

Good evening to all,Happy to now be part of this big community and I’m excited to take notes.I’ve been interested in investing in delinquent tax sales here in Houston.

I am on tap to raise 1mm well within my first year...I would have never even tried to do that without this group! 

I can say that with Phoenix, a multitude of opportunities can be in store for you if you invest in their market, network, or even just want to get familiar with it.What type of real estate are you into: fix & flips, buy & hold, multi-family, or something else?