My family has done nothing with that gift for generations, so it stops with me. 

Hubby's Xmas gift to me is a Personal Trainer :)3.

This way your not paying interest and you can get gift cards for lowes and home depot to help support your investment.

(You can subsidize the rent with yearly tax free gift amount)  You can only do 1031 to another rental property, not the second home for your mom to live for free. 

Basically it came down to salt, water, and breast milk, and I don't think anyone would like a gift of breast milk in a bottle :PSo like coming to a party of 50 people or more, I'm going to bring the gift I intended to bring(bottle of wine for example), even if there might be someone allergic to it. 

but what does it work out to on a per-stay basis vs. the gift basket?

My first downpayment was a gift from a family member to house-hack a 4plex on an FHA loan (3.5% down).

I have 250k cash I can use towards a multi family purchase as gift money.

I’ve had the same triplex for almost 4 years (gifted from my dad AND no mortgage) and I had no clue as to what to do to grow my portfolio (besides saving the old fashioned way) until I found BP a couple months ago.

Oh, Jon, you hopeless romantic, you...