I also was in Crestline as a child as a weekender/vacation home user, my parents, aunt and grandparents all had vacation homes there.Short term rentals generally are booked on holiday weekends and for a week at a time during regular school break holidays and the Summer.

To maintain the $3k property tax: 1) the deceased had to owner occupy (OO) 2) you need to be child of deceased 3) you need to OO.

It's for the family whose child is getting bullied at school.

Quote from @Sarah Kensinger: It's all fun and games until there is a slip and fall, a car accident you're at fault with, or a car accident by a child that still lives at home, or as in my friend's case a freak dog bite to the wrong person (no lawsuit yet but it's hanging over their heads).

I'm allergic to carpets. 

Almost makes me want to have another child.

I child see that if someone did not qualify for the original loan with a bank that they might want to go with private money and then switch to a bank after the refinance, but you had better be sure you can qualify for the refinance with the bank before starting the project.

Get your leads in right and wholesaling is child's play! 

You have a young wife and child coming. 

Teaching your child the ropes and getting him/her involved in their first RE deal is the best education you can possibly give them.