think about how much money that would be, almost nothing.

-I hear condos are now charging outrageous amount of money for association fees and costs and people are selling their properties on account of this.

(The property’s home state and your state of tax residence will both want money if they collect income tax.)If the property is only in his name you avoid all the taxes by waiting until his death to give your daughter the property.

If you pick your JV correctly you can make a lot of money.

An example of this would be mixing your personal money and LLC money in the same bank account.3.

It may not make sense for your personal finances if over invest and end up with a house hack option that costs more money than somewhere you could live on your own.2.

You have to do your due diligence up front, but once you put your money in it is very passive and you just get your monthly or quarterly return (if you picked a good investment).

I didn't have a lot of money- but I could have been smarter about it.

If you want to spend the money, you can split the water. 

Really…You sound like a disgruntled property manager frustrated with losing business to homeowners who prefer to manage their properties themselves.