Or is this just a theoretical way to gift an asset, but on paper it remains in the parent (grandparent/ gifter's) name?   

I purchased a property in a Del Webb 55_ community, with my parents in Indio CA, 3 years ago.

The 3/1 we rented to a late 50s couple with an elderly parent and their college-aged son who is home on breaks. 

I texted the tenant about it and said that I'll need a deposit for the second dog to which she replied,"My parents are helping my grandmother move and the dog only stays with me for a few nights at a time, do I need to pay a deposit for this?".

Consider renovation costs and potential for adding value through improvements.Resources and Tools:Local Real Estate Networks: Connect with local real estate agents, property managers, and investors for insights into specific neighborhoods and market conditions.Online Tools: Use real estate websites and platforms to analyze property prices, rental yields, and neighborhood demographics.Tips for Canadian Investors:Tax Implications: Understand tax implications for Canadian investors owning U.S. property, including withholding taxes on rental income and capital gains.Legal and Financial Advice: Consult with a cross-border tax specialist and real estate attorney to navigate legal and financial aspects of investing in the U.S.If you would like to discuss further/need financing please feel free to reach out.

I know its my first time but I really want to be successful with my first wholesale deal, not only for myself but to show my parents that I can do it.Do you think there would be anyone looking to buy?

When our kids were little, I attended one of those preschool days where they give the parents crafts to do while engaging with the kids.

Background: Seller inherited this 14 property portfolio from his parents who recently passed away.

Though I'm not trying to assume a relative's property, here's what I'm finding from most searches I have been conducting:"Edward2 months agoI am looking at assuming the VA loan on my parents property in FL with the intent to someday retire there.

If you've saved enough, trying to house hack a local 2-family in your junior or senior year (maybe with a parent as a cosigner) would be ideal because you can learn landlording and experiment with your friends as tenants.