Thats a primary motivation for a DE parent, its easy to understand for consolidation for taxes and exit sale.

In college I knew parents who partnered with children to buy homes to rent to their friends.

This could incentive her to grow this business, be an equity owner, build her real estate credibility to future lenders, grow her personal finances, and even help her parents out with growing their portfolio together as a family.   

The house is in SoCal in the San Fernando Valley (SFV), specifically Granada Hills and my parents are looking to love up to Santa Clarita, if that helps those who are familiar with the areas. 

@Nick Pierce Ask a parent to set up and UTMA account for you.

Three years ago, I sold my parent's home to an RE investor. 

These were actually two homes that we built for my parents about a block from the new Expo line Metro train station in what is now called the HUB in Culver City.

These were actually two homes that we built for my parents about a block from the new Expo line Metro train station in what is now called the HUB in Culver City.

Looking to start up my own personal account and want to fill in my knowledge gaps on how to size up smaller properties, and acquire and manage them without the benefit of a whole parent company that can handle the legal/admin/etc tasks like I'm used to in my day job.  

@Erin Dorsey Robinson I'm not set-up as a Non-Profit organization, so I will not be donating to this particular tenant based charity.