Most adults lack the ability to pay attention or take heed to financial advice, much less a group of children, a majority of which think they know it all already.  

Ok, so I'm not really breaking even.I got into this rental situation because we had an opportunity to purchase an immaculate foreclosure, and needed to cover the mortgage on our previous home.I am hoping to start purchasing some buy and hold properties, that I can rent to start building some cash flow, to invest back into real estate and grow my portfolio, to ensure a comfortable retirement, and to teach my 3 daughter's how to create cash extra cash flow, for their adult lives.I am currently a full time Cybersecurity engineer, and would really like to figure out how to make some of this happen by converting my employer held 401k into a Sole 401k, that I can invest in rental properties with.Other than this rental (and a very similar situation 10 years ago), I am new to real estate investing.

Minor children or grandchildren of an owner of a unit may occupy that unit along with adult parents, grandparent or grandparents for a period or periods not to exceed a total of thirty (30) days per year."

Nocatee is the third fastest growing community in the country, and has active adult communities and amenities.Overall cost of living index is a 98, housing is 80 and health care is 93.  

I know in my experience of owning multi family, I was not much more than an adult daycare.

As an adult, I’ve also lived in Seattle, Washington where the summer months are awesome.I wish I could remember how the real estate ‘fire’ started within me, but I can’t remember.

No adults in the home that aren't on the lease, turns into an out of luck family member needing a place to stay short term, turns into 17 people in a 3 bedroom home)

Just too much time dealing with a 27 year old adult child.

Jose Duque Devil's Advocate: Have you account for the increased wear and tear of having 6 full-sized adults in a house?

I am a pet owner and animal lover myself, and I would hate to have to give up one of my pets as they are like family, but sometimes adults have to make adult decisions