Think about a plot of empty land here in Cherry Creek or Wash Park. $500,000+ for a few thousand square feet of empty lot.

What’s the easiest way to wash that well with TSP?

They hold up very well, look great and wash up nice.

I have had no complaints from any of the tenants after doing this and I simply periodically apply this along the border and between the deck boards of the home; downside is you can see it around the perimeter and a heavy rain will wash it away. 

Laundry takes about an hour to wash and possibly an hour and a half to dry!

Geez...depends on the budget haha.I mean....Replace garage doorPaint brickSoft wash roofPressure wash driveway and stairsReplace mail boxReplace first story window to match second storyReplace front doorGet a complete landscaping package done in the front. 

Bottom-line, if you're inclined to have the parent pay nothing in rent (big picture), then just wash, rinse, and repeat the cycle of giving them $14,000 per year per person, and the parent may commingle the gift proceeds with other income and pay rent and other living expenses.

And that can change over time for a lot of reasons too (I have 24 sfr and 2 duplexes but recently decided to buy 2 car washes and a 24 unit apartment complex for instance). 

So, in terms of an exit lenders will see the income and expense from the property as a wash. 

With only 2 stalls, you will have to find a cost effective method of waste cleanup, feed delivery and feeding.Knowing nothing about horses, is probably not a good thing.They need daily feeding (they eat a lot--they eat like a horse), lots of water, exercise and waste removal from their stalls and from the property.They are living creatures that need daily care, with temperaments that can vary by the day.In my experience, the owners are not out cleaning waste, and feeding every day, that in my experience is handled by the stable.Lunging, clipping, washing, training for tricks and etc...as well as riding is done by the owners.To me its more of a business than an investment.Just my 2 cents.