Plus it might incentivize you to look at trade school after college :)

I agree with @Carolina E.. 

One option presented was execute deeds from Grandmother to Mother and Mother to me to maintain prop-13 on both.  

The major benefit is getting a better mortgage rate compared to an investors rate. i would research "house hacking" on this forum and read what others have done executing this strategy.

Regular dialogue with workers on site, building rapport, and asking lots of questions may keep one better in tune with things.You can also require daily reports from all trades and a contractual requirement to report known problems immediately.In both cases, be prepared to pay for these things and neither will guarantee success.And if not doing so already, make sure budgets include appropriate contingencies.

@Russell Brazil Check out 124 E 7th.

This portfolio is growing as well so please take that into consideration.Please post what information is needed and I will send you an e-mail in the next 48 hours.

Mine was trading out of cars too early.  

If they have nice pictures and clear information about the property they probably have a good head on their shoulders, and they will probably not want to sell or want to sell for more money because the property makes money.The areas where I see potential deals are Powderhorn/Phillips in South and some neighborhoods in North in MPLS, and Midway/Frogtown, W 7th, and the E and W side of Saint Paul.

I am trying to file a Form 3115 to change accounting method on a rental house I sold in 2015 (I only took half the depreciation I was entitled to, and I would now like to claim the rest as a Section 481A adjustment on my Schedule E).