So distance is the same.My thought process is cashflow will only be used for additional property purchases, I want to use them as additional retirement income or selling them when my small children need help with their first home purchases.

I would take some of it and buy health insurance, in fact, you should find a way to do that before you do anything, especially for the children.

Renter: Family who has dogs, autistic children, put up fences, parents nearby and love the schools.

Told my agent what id go to, he put in a bid 2 hours later and a 1k price jump ($2,000 cheaper than I was willing to go) signing on the dotted line.I'm on my phone so bear with me if some things don't look oh so pretty.Purchase price 33k+closing (closing costs are the only unknown so far)25%down down 8250Can't remember off the top of my head what mortgage payments would be but it's sub $200$60/month for insurance (high)House was rehabbed 3 years ago, roof/hvac/hot water$0 for rehab$45/month for yard work2 year tenant paying at $675/month wants to stay does not want anything upgraded or changed or anything of the sort, when asked she said "I love my home and do not want to move"Only thing I would change for the tenant is update the lease she has another child and lease has 2 adults and 2 children.

Here is the story:I received a call in response to a Craigslist ad from the son of an older gentleman who was preparing to move closer to his children/grandchildren.

You have to condition tenants like children in that you have to be the same every time and they have to know what to expect.

if you have a 3bd, then up to 6 people could live there.THere are a few other qualifying things such as gender of children, disabled child etc. etc. that may allow the tenent to have 1 child in his own bdrm but I'm not sure how sec 8 qualifies that.

Did you check to see if the decedent has any predeceased children and if the had kids?

, and if they have discretionary income left after that, THEY get to pay for school trips, dance practice, sports equipment, etc.Check out this link:http://www.blogtalkradio.com/markjkohler/2013/12/03/training-your-children-regarding-money-and-taking-a-tax-write-off-too?

Hi, BP community ~I'm a recently NY-licensed clinical psychologist specializing in children, adolescents, and families.