I am also renovating a triplex right now and it would probably need to go in the trust as well.

I am assuming you did a full renovation, so the SFH property is now turnkey.

We've managed the renovations of 2 of the 3 we currently manage and one of the ones coming up. 

Slowly build out a repeatable process...if you continue to change things (as in different types of properties, different levels of renovation, different finish material, different neighborhoods, etc.) you create more variables and make it harder to solve to the problem.I am a math guy and less unknowns/variables you have the easier the problem will be to solve. 

------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

They’re fully renovated and rented to U of R and RIT college students and grad students.  

It wasn't long after a good bit of offers that my first deal got accepted - a short sale on a condo that I would up living in while renovating.

While you are renovating, a squatter can break in and declare its theirs and could take you a year to get them out.

I was the oldest boy so naturally I helped dad with all the renovations.

The process of flipping and rehabbing isn’t just about the renovation itself—it’s about having a clear, long-term vision for the property and executing it step by step to bring that vision to life.