. - include recent (last 2-3 months) statements for each.If you have any court ordered payments -such as child support or restitution - bring a copy of the order and recent receipts;If the property you are purchasing is a residential rental property (1 - 4 units), bring copies of leases - or Estoppels - for all presently rented units.  

Basically, if you exchange this prop (purchased at $125k) and, down the road through multiple exchanges, ended up with a prop(s) worth $1m that you leave to your child in your will or trust, they would pay zero taxes if they sold it right after your death.

In my experience the people looking for 1 bedrooms are pretty much solely looking at 1br. 2 br tenants are usually couples, maybe a child in the mix.

I am a new born deer in a world full of wolves.

The occupants are a couple and one child who is high school age.

However, my wife and I were expecting our third child, and we needed a spacious forever home.In addition to my debt, I aim to establish a safety net of six months' worth of rent, equivalent to my initial mortgage, to mitigate any potential risks.After running the numbers, I expect to have all my debt, excluding my house, paid off by 2027.

Most articles covering this topic regard parents who are trying to give their child a house, and that's not what's happening here.

She is unemployed as well but will be receiving alimony and child support, not quite enough to live on.

Also credit card minimum payments, student loans, car loans, leases, child support, alimony, etc. 2.

She is our 3rd child and life became pretty busy for a while.