My parents conditioned me to be a great saver, but saving will not lead to financial independence in most cases.Once I understood my relationship, and used the savings to invest in an asset to pay for an event, everything changed.

About the only thing they could do to make a nation wide rent control program is to force states to implement their own laws by threatening to withhold money like they did to get states to change DUI laws to .08 or lose transportation funding. 

So my parents are buying my first fixer upper for me all cash in there name. 

If you're talking about your parents retirement money, I would go the safest route possible and divide that money between a few different experienced operators syndications / funds.

Here is our first deal:- We each hold 50/50 of the property on the title (I contributed 80% of downpayment, and he was supposed to contribute 20% to the downpayment, and we got a hard money loan)- after we sold the property, I had to fill out the 539 form for withholding tax in CA.- The partner brought in a cash contributor for his portion (let's say A, who got 50% of my partner's profit, basically 25% of the profit) to the deal and put a lien on the property.

My first mentor had a love/hate relationship with the program because of their rules about repairs and withholding payments.

Start at home, do the maintenance work in your home, if something is broken and needs to be fix try to do it yourself before your parents call for a trade to have it fix .

As you've already discovered, dealing with their cosigner can also create a lot of extra work and come with problems, particularly if you have a helicopter parent or two.Home care for four residents?

Hello all, we have had a family cabin near Long Barn for a few years and I'm about ready to STR it to help my parents out with the overhead.

I honestly wish my parents and I had been knowledgeable about real estate when I was going to school and would have loved to do this.