I loved working in molecular genetics, but the money was terrible and I gave it up when I had my first child and now have 3 boys.

Taking business calls would rarely be possible without my child yelling/playing loudly in the background (very unprofessional and distracting)Anyone out there in this situation able to invest?

A young couple with a child trying to get started?

Cleveland is fast becoming a poster child for "sucker, out of state/country investors, being hosed by local operators".  

Will also be a tough sell to the wife as we have our first child due July 1...

They would love for the family with the child to be in the lower unit!

I'd like to purchase a 1 - 4 unit right after birth on behalf of the child...when he/she graduates from high school he/she would have this property free and clear...could then leverage it for more investment, keep renting it and enjoy the cash flow, sell it to pay for college...whatever.What is the best way to proceed with this so that I maintain control for approx 18 years but then pass it on...what about taxes for the 18 years...how to transfer the property or is it titled to and infant?

Parent / child / grandparent is usually a no-no IIRC.

Also I'm calling CPS on them, no child should have been living in that joint! 

You can house each investment property into a separate "child" series within the "parent" Series LLC, which compartmentalizes your liability.