However, his children live here and he wants to wait out the market.

i've paid her son to cut the grass twice, so i've developed a nice relationsihp with her to be honest..ik just didn't wanna be one of those rude 'big shot investors' that offered money for her to clean up her "hillbilly-looking hard and hoodlum children"...cuz im pretty suer that's how it'll come off lol

But if you have anything worth protecting or children to provide for don't be cheap, see an estate planning attorney.States have different laws and, therefore, have different strategies that work best.What it costs to do nothing is very high.

Because of my education and my degree, I'll be able to afford my children's education...for that reason alone, I'm happy to pay for them to go to whatever school they want to go to...

I may be wrong but the way I just deciphered is that your asking for a guy that instead of giving money to his children wants to LIE to the courts about having a rental contract where he's living now showing that he's already coming out of pocket..........................shady and that dude should kick rocks for trying to get around paying for his kids

If I were a gambling man, I would bet the son already has a record with the courts; and/or multiple unsupported children.

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.