A little bit of background, my parents and I are currently looking into obtaining a residential rental property.

New Orleans resident and home owner expecting child and looking to build wealth through investing in real estate and escape the Rat Race.  

The parent of one of the kids had the nerve to tell me he was going to take me to court over it because it was deducted from their deposit.

"I am too old", "I am too young", "I didn't do well in school, I can't learn anything", "my friends/SO/parents will say this is dumb, I shouldn't do it", or "I can't do it because it might not work out". 

I have decent handyman skills and have kept up properties for work as well as my parents few rentals.

During that time, my fiance and I got married, and we already had 1 child and another on the way.

The BackgroundAfter having our first child, we decided to stop renting an apartment in the city and buy a house in the suburbs.

I am 26 years of age, living with my parents in California's Central Valley.

Long story short, my father-in-law ended up using our cash for the down payment, and he put himself on the loan (we are not on the loan or title of the condo) in order to get the funding from the bank to purchase.Here we are 6 years later and we’re expecting our first child and looking to move into something a bit bigger.

I'm well aware of how careful one must be when renting to friends, or renting at all, and believe me, I have been planning with experienced adults about legal safeguards and the best way to handle the situation so there is zero grey area.Got a family friend who is a skilled realtor, just helped us get the house we're in now (I'm living with my parents while I'm saving money), and they sold our old house as well.