My parents recently went through this for months with their rental on Vancouver Island.

My background is that I stumbled into being a landlady back in April of 2016 when all I wanted to do was buy a single family house with cash that I saved from living with my parents (they made the best roommates, guess I was house hacking and didn’t know it) for 14 years post college.

While still living with my parents, I've managed to save ~$25k to use toward the investment whether for a down payment or rehab. 

I'm personally open to renting short term or even moving in with my parents for 1-2 months (the upside of having 2 grandkids they currently don't see often due to distance) but with a wife that hates moving once let alone twice in a 3 month period, I'm also hesitant going down this path.Will I have to compromise on my numbers to make this work?

I know one of their keys was making sure the parents were on the lease as guarantors.

Having had a business myself a lot of my parents came from looking at my website.

I will be living at my parents house - not inquiring any more expensive (maybe less) than what I have now.

When I was younger I participated in the flips that my parents went through and watched as they dabbled in the rental game for a while.

- Has 3 kids who spend weekends with him, but had listed no child support payments Candidate 2 - - Teacher, starting career in August - 4 years of previous employment history as bartender

., a few things to consider before you get into tax questions:Is your parent's home a good rental?