My name and my daughter’s name(s) are also in title and the loan.I have really good equity in both properties (six figure) with great interest rates.At some point my daughters and their husbands will move out to upgrade to something bigger.I want to turn these properties into investment properties after my daughters move out:  thinking the best way is to convert in my name only.Also considering leveraging the equity in the properties to help buy new homes/townhomes for my daughters when they are ready as well.Wondering what the best strategies would be for me to expand property portfolio, minimize tax impact , create more passive income while continuing to help my family grow.I appreciate any advice! 

This is all very very helpful!

Verifying last 2 years of rental history very important!

Very good thread.  

@Michael VelezThe best thing you can do is join a local real estate investing club.

Best of luck   Yup basically advertising for coaching services..

The model won't be perfect, but should be a very helpful decision maker for when you can safely leave your W2 and establish your budget going forward.

It would be very difficult to find anything in Florida that cash flowed at 90% leverage though. 

You have an STR listed on the Airbnb platform.Why not look at the design of highly sucessful STR'S in your area and copy some of the best ideas?

There’s so much to learn in this space, and one of the best parts is exchanging ideas and experiences with fellow investors.Looking forward to seeing your insights and discussions here!