My parents are willing to sell me a property below market cost to help me jump start my rental portfolio. 

I currently live at home with my parents and work full time for the state D.O.T. so I have a decent amount saved up (for a 23 year old at least LOL).  

My parents (retired) own a property in California that is currently rented out to tenants (breaks even).

So the parents and their single child live in this 2/1 space.

Nicole Benischek ,Last winter my parents purchased a buy and hold that needed some pretty major interior updates, complete kitchen and bath upgrades (4 of each).

My parents own a few rental properties and introduced me to bigger pockets to learn more about real estate investing.

My parents are in there early 50s and are looking for a change in their investing.

The amount will depend on you and your risk tolerance, but I don't believe that pet parents should be penalized for having a furry family member when human children can be just as bad if not worse when it comes to damaging property.  

Although take home could be similar, as someone making $36k per year is not likely to have alot of paycheck with holdings.  

We are between employment and staying with my parents - and in a hurry to move out and live on our own again.