We want our child (and future children) to grow up with family constantly in their lives. 

Working on getting our Personal Finance goals met first, as we have some big medical expenses for a child(Tricare is only covering a portion of it, because its considered out of network to get the best care)With your VA loan, is the year of residence required before you can move out?

There might be several reasons why the family is holding on to it— in California given the parent-child exclusion for property tax reassessment and prop 13, if a property was bought years ago, the property taxes on an inherited property could be incredibly low that a lot of families choose to keep inherited real property within the family instead of selling, especially if it’s paid off.

My wife and I are interested in opening a child care center in Portland, Oregon, and I am doing preliminary research on what it will look like to enter into a commercial lease arrangement on a space that's, say, 2500 SQFT or more.

What is the actual steps in creating 'child' or "series" under SLLC?

HI Hen,I am only licensed in the below states however, the above scenario is acceptable and I've worked with many folks who were solely qualifying off atraditional income sources like rental cashflows only, notes income, installment contracts, royalties, dividends, alimony, child support, etcThe thing you have to factor is that the lender will still calculate a full DTI or debt to income on you so when I mean you might be able to qualify this assumes youd have to either have a ton of a rental cashflows or little to zero debt and are living rent free.This is so you can divert all of your rental income to help you in the qualification of the property you're looking to obtain financing for.If lifestyle costs, rents, or other liabilities are in the way or taking up your borrowing power then you wont have any room for this anticipated property.If you're trying to rely solelyon this anticipated purchase's income only and have no other rental income then you'll definitely have to be living rent free (family members/parents) and will have to have zero debt when credit is pulled but you'll be able to qualify yes if the property cashflows (75% of gross rents - PITI = hopefully positive income). 

Some may see it as negative i see it as big picture, real world questions.I'm just a decade or so behind you i would guess Rich, and live in Florida in involved in real estate investment since a child as my Mom owned rentals and was a Real Estate agent.From your bullet points1.

Not an ideal situation but it is what we agreed upon with child care and the situation that was at hand about four years ago. 

I wish I could charge a higher security deposit for each child, as they do more damage than pets, in my opinion, but we'd get in way too much trouble for that.  

HelloI would like to know how can i create a Prent LLC and child LLC for individual rental properties.