Alright, a little more info for you guys.I'm 29, I just bought my first house a year ago with my wife, and we just had our first child about a month ago.

As is all of my Tenants are also doing better with California's large budget surplus and now the Child Care tax credits a family with  3 kids will get an extra $750 per month.

I was a giddy school child telling them about my stablized cash flowing duplex. 

., big enough for my wife and myself and our 1 remaining child.

Then, your child is sick or something else happens and you realize that all you really needed was a healthy family, and good times with those you love, and this other stuff is marginal one way or the other. 

If you want to hand a business over to your child, then you can hand over an investment portfolio just as well.If you want to hand over a real estate business, but need to "learn" and have your child "learn," then sell some stocks and bonds, invest locally in a niche you like (probably multi-units, but that's up to you) and hire a property manager who is willing to explain to you what he is doing and why he is doing it the way he's doing it.

We were tight on space with a dog and newborn, thus the move. 

In the North Puget Sound and into Whatcom County, its possible to find a 3/1 slight fixer on a residential sized lot (<8000SF) for $200K, but you have to be on top of the listings and get it quick unless its a real problem child.

There will be many, many times while doing this stuff that the chances of any sort of payout will seem minimal at best, and times when, yes, an enormous amount of work will go into something and there will be NO payout.What makes this even more difficult to wrap your mind around is that the American middle class basically trains their children into a wage-slave mindset from the age of five or six, when parents start to give a child an allowance.

In a way I later referred to as “child-like,” Jekyll told us that he did not want to reply because he was not our employee, and would not put up with such treatment (to clarify: I did not start by demanding anything.)To make matters worse: I asked Jekyll for his contract with the stager, which Jekyll said that he had and was going to forward to us (he never did, ever, despite our repeat reminders.)