Tenants are middle aged parents with 6 kids - one just graduated high school.

The other advantage of hiring it done is you can claim it as a business expense versus "donating" your time.

He donates 10% of his income to the church but doesn’t worry about the fact that stealing from me means his grandkids can’t eat...I was backed into a corner and couldn’t afford a place to stay and a house payment while insurance reviewed.

@Paul SandhuMy parents owned a small resort in the Catskills when I was a kid...you just summarized all the things I accidentally saw as a child but didn’t process till I was older.

Flat doors are usually the first thing I notice (unless there is still shiny brass) and I usually get a count of how many perfectly good doors I am about to donate right away.

I have a cousin that lives out of state whose parents that live in Detroit passed away. 

What kind of policy do we need for the parent - general liability is useless as the parent doesn't own anything other than membership interest in the subsidiary. 

JV with my parents! 

I am fairly sure you can't get a loan and you can't sign many (or most) legal documents without a parent co-signing.I got started in real estate at the age of about 13 by doing maintenance for 135 rental units owner by some of the richest multi-unit investors on the east coast.

Student debt along with a generally more frugal nature could keep them away from the McMansions of their parents generation.