My seller has now put money down to buy a triplex that FIG is building in American Fork, the cap rate is 7%.  

Someone is making medical decisions for them, so they should have the legal control over their finances to make sure bills are being paid.Makes me wonder if the oldest child or whom ever is making descisions at the hospital has power of attorney even if there is no signed document.

American’s Net Worth is UPTotal net worth for the bottom 50% of folks is UP big time, and has been since the Great Financial Crisis, but it took 13 years, until ~2019, to get back above 2006 levels.

Dividing that by three, each child's interest is $145,386.     

American Air and HVAC was the group I used FYI

Child support and alimony we generally don't consider, social security and disability we do. 620 credit score for all applicants, we will conditionally approve people slightly low on a case by case basis with increased security depositAs a general rule, an applicant that has been convicted of a 1st Degree, 2nd Degree, Life, or Capital Felony, or any crime involving the sale or possession of controlled substances, within 10 years preceding the date of application within the last 10 years will be denied.

"Around half of Americans (52%) incurred credit card debt when shopping last(2022) holiday season; among them, nearly a third (31%) have still not paid off these balances."

@Jeremy Staggers I've used First American Title in Houston for many transactions (Spring office).

I would not look at the previous 15 years and think the market will continue with double digit appreciation or you may be setting yourself up for a big disappointment. and agree, good thread...   36 years of age and lived a life that some wouldn't in 3 lifetimes lolTravelled the world and experienced many cultures.Experienced some amazing things and moments/memories that I will cherish for as long as I live.Each to their own but monthly cashflow was able to provide this for me.Be it from rentals, flipping or our PM business.Yes, worked hard for it but IMO nothing can beat "hard work".Building equity and waiting for appreciation is all good and great for those that want to wave their D@#% and say "look how big mine is".Then passing it on to an entitled/spoilt $#%@ of a child hehe that will take it for granted and most likely loose it.Personally, I'd rather enjoy life as much as I can and live for moment.Teach my kids how to fish and not just give them the fish.Cashflow provides opportunities for those "moments/memories" TODAY and not in 10 years.Isn't real estate investing suppose to make our life more enjoyable and better in the present moment?

So let's say out of state landlord fail to make a payment , bankrupt pass away etc the agent is responsible. that is the problem and that is why I mentioned most property managers would not do it.Ok, I see what you are saying and perhaps this is a language issue since you seem to be in Canada and the author of this article is writing in proper American English!