Plus the kids will get new cars when they turn 16 and parents don't want them blocking the driveway or parking on the street.  

(For IRS purposes, I have lived in House 1C for the entire 24 months).I move into House 2C and complete a renovation that takes about 8 months.Round 3 and beyondAt the 24 month mark:I’ve completed the House 2C renovation.Son & wife sell House 2A and with the profit buy House 3A.The cycle as described in Round 2 continues as long as it makes sense for all parties involved.Assumptions:Obviously, the schedule outlined above is greatly simplified, but provides the basic concept.We’d live within 10-20 miles of one another.My kids and their spouse(s) would provide assistance to the renovation process as they are able to.My daughter may be getting into real estate sales - this would help with sales commissions and finding new properties.While buying rental properties probably makes more sense, I just have zero interest in being a landlord.Pros:My kids would always be living in a completed renovation.Each party can elect to either roll the (assumed) profit into (a) a nicer/more expensive home or (b) use the equity gain to make a larger down payment and have a lower mortgage.They can opt out at anytime.

Those with kids will suffer more to provide the kids with a better school system.

I'm married with 2 kids now so I'm always thinking about the future and I want an exit strategy from poker if need be so I thought real estate would be a great option.  

I started by house hacking as a kid, my first home was a live in and fix.

I know it is a little crazy to teach your kids an adult game, but I don't know how to throw a ball, so if I cant teach him something,I failed as a parent, LOL! 

Married with three kids?

The father and tenant were adamant about keeping the trampoline because it's the only fun thing the kids have.

I live in Minneapolis and will need to stay in Minneapolis because my friends have kids and need to be home by Saturday morning

I have 6 kids so it won't be easy but nothing good on life is easyGino