Just thought you might want a fun alternative to achieve your dad's goals.Based on my observations and, having had a sister who lived in California for several years, $450,000 seems would go a lot further elsewhere.

I have over 30 rental units which has allowed me an insider view of some great lessons and observations in landlording.

In the fields of observation chance favors only those minds which are prepared."

Your inexperience and optimism could put their livelihood and investments at risk if you don't know what you're doing.I would like to know what BP members think of my unpopular observations here. 

It‘s been my observation that sometimes agents work harder for people who do sign something because there‘s some professional respect there, but I could see the argument that they don’t, I suppose.

It seems pretty simple to me to observe the cost of equity capital on syndications and see that it is far higher than the cost of equity capital in the publicly-traded equities market. 

The outside observer can see it!

I would attend local real estate investment meetings observe and listen.

It sort of depends on your market tenant but I would offer this observation.

One advantage I have observed with a 2 bedroom however is that although you lose a bit on rent it tends to attract smaller families and therefore a bit less wear and tear on the unit.