Thanks Dave, this LLC is owned by a parent/management LLC that owns all my LLCs and my wife and I own this management LLC 50:50 so I’m not sure if we’d still qualify for that disregarded entity status 

My job turned remote and as the realities of covid sunk in it became clear that my elderly parents were not going to move cross country to Oregon as planned.

Hello BP,My parents own a 0.54 acre (23522 sqft) piece of land.

My parents want me to go to college and they are paying for it, so I am going to college for Construction Engineering because I think that major would help me the most with building/ flipping houses. 

We were recently transferred a deed from my parents rental property and we are looking how to work it for the best return. 

Anyways, my parents are selling their 4-unit, and I'm interested in buying it. 

Assuming you still live with your parents, you may want to take the leap into the real world and buy a primary residence for yourself.Depending on where you live, you should be able to find a safe, reasonable piece of property that will allow you to put down 12k as a 5% deposit.

I love the idea of the high demand, I would like to think because most parents want kids off campus maybe?

Young people are moving back with their parents and saving all of their previously spent rent money,I live in Brooklyn and am on Street Easy all the time watching rents drop. $3500 apartments last summer are now renting for $2500 in many cases.

I moved back with my parents and save a good amount a year.