Three adult children have taken control of it.

Three adult children have taken control of it.

A four-bedroom house should comfortably accommodate two adults and three kids sitting down for dinner.

I have perused the home buying schemes, real estate websites, etc and my gosh I cannot see how a young adult is ever supposed to get onto the property ladder there!

I've been renting all of my adult life.

She has spent 35 years in foster care and is looking to provide a stable environment and be a supportive adult for children in the foster care system, as well as at risk teens.In the past 4 years she has had 20 foster children in her home, with four of them staying for more than 2 years.

My three questions:1) Should I require each adult to complete an individual application, with that application including a section to list other adults who will be residing there?

I tend to pay attention to my gut feelings.I'll get into the higher price ranges eventually, but I really feel like I need some proven successes where I am before I start moving up.The room rentals are 6 month leases and they are rented mostly to adults (mid 20s through mid 50s right now).  

Family of 3-- 2 retirees, 1 disabled adult, combined family income of about 40thou annually.

If you have five children, you could gift up to $140,000 per year (14k*2 adults*5 children).