But you have to be there 10 years consistently after obtaining the proper residency and approved permits AND meet the annual donation requirements, THEN it will be reduced to 5%.However, after reviewing this again,I feel all the other details associated with Act 60 is not really worth my while.

I am learning the hard way that 2 bedrooms appeal to single parent families and students, 4 bedrooms appeal to dual income, or students.

However, I think it's worth noting that while the profit margin is lower, your ROI as a percentage, when using Other Peoples' Money (OPM) regardless of whether it's a hard money loan or your parents' trust fund, is higher because your investment is much smaller.

My parents had a couple of rentals and I know people who have been landlords for 30 yrs.life styles is a good place to start if you have no knowledge, they will give you the tools necessary to succeed. 

Get insurance lined up well before closing so now would be a good time.You need a landlord policy, slightly different (and usually cheaper) than a normal homeowners policy.I have been super happy with USAA for our rentals - if you or your parents served then you can get USAA, they are set up to work with landlords.

In our culture, the parents work to support their kids with the expectation that the kids will one day take care of them when they are old and need help.I was just wanting to seeing others' perspectives in this community.  

All my money is still in equities.I'm sure by now at lot of people in my position would have already reached out, but I'm not going to waste someones time until I'm fairly sure I have a path forward.I'm a mentor of sorts in the tech space and have learned I can't wish/donate/coach/bribe people into having drive.

If you lose your home, apartment and or vehicle move in with your parents no matter how old you are or how old they are.

When my parents bought their last house, their agent said she was "embarrassed" to present their offer.

Also, parents!