And, no, I have no affiliations with them other than being a customer, I do not receive any kickbacks, referral fees, or even as much as a gift card for steering any business.

Do you have any one to gift the money to you?

My in laws are gifting me with 50k to invest in real estate.

[For many of you have that have visions of living abroad parts of the year]Estate and Gift TaxesOn the opposite end of the spectrum, the amount of money that married couples can pass to each other without taxes goes up to $5.6 million per individual, up from $5.49 million in 2017.

There may be tax consequences if he gifts you part of the value by agreeing to a below market price. 

Direct mail, online ads, content marketing, cold calls... the usual suspects.On the contrary, if you have a gift of sales skills, can woo people quickly, and have a proprietary way of putting together which houses to knock on, you might have a better return than I did.

It can be deemed a part-sale part gift.A gift-tax return may be required to be filed.Instead, if the parents own it free and clear, they may be able to sell it for the actual FMV and gift a loan forgiveness every year for the amount that can be excluded for gift-tax purposes.Proper planning should be done.

He is an unusually-gifted financial advisor. 

I do not get any money from TurboTenant, nor am I an owner or investor in the company.They have a referral program where they will send me a $25 home depot gift card for a referral - you don't have to use the referral codeStessaStessa is a website that I use to track all my expenses.It is another free site and you can pull reportsYou even can upload receipts.Roofstock recently purchased StessaCompletely freeZillow Rental ManagerI use this to collect rent.Free for the landlordTenant only pays a fee if they use a credit card to pay rent.

http://www.biggerpockets.com/forums/84/topics/75839-significance-of-principal-residence-question-on-quitclaim-deedMy property was gifted to me by my mother three years ago and I've been renting it out ever since.