What right does a co-owner (or lifetime estate tenant) have to the equity of a home?

Most of the benefits, starting from the occupancy right, are conveyed as well.

Mechanicals are in good shapeARV: $280k-$300k~$74kish left on the mortgage - 6.75% interest about $890 monthly payment / HOA ~$200 a month / Insurance $35 a month / Taxes $355 per month / Tenant pays Water, Gas Heat. 

Folks with deep pockets are more then willing to buy stuff at 4 and 5% cap rates right now as is.

Lakewood is a very sought after rental area with high rental rates, and a lot of people will pay high rents to live in close proximity to Lakewood, and downtown Cleveland, which this area is right in the middle of those two, as well as right by lake erie.  

Still viable, but you have to BUY RIGHT in this market.

I don’t know if it is just me, but I have not heard a lot of encouragement these days about going to local meetups while listening to the podcasts.On previous versions of the BiggerPockets website, it was a lot easier to find out where local meetups were being hosted because there was a link on the front page that read “meetups” and it would take you right to the meetup page where you could see a map where  people were having meetups in your area or in other areas across the country.

Buying at the right time in the POPs, when the neighborhoods are still rough, will give you outsized appreciation.

AC unit was stolen right before tenant moved in (get a cage for your AC unit). - I didn't do a BRRRR since it was too difficult from 2000 miles away.

Choose Your Real Estate StrategyRental Properties: Purchase properties to rent out for consistent monthly income.Fix and Flip: Buy distressed properties, renovate them, and sell at a profit.Wholesale: Contract properties and sell the rights to buy them to other investors.Real Estate Investment Trusts (REITs): Invest in publicly traded REITs for passive income without direct property ownership.5.