Back story: My parents bought an acre lot with a house taking up around 2800sq/ft of the acre lot back when it was surrounded by agriculture land.Fast forward a decade or so, the surrounding land has become commercialized.

Lost sleep in my first eviction process thinking could another human be such an a$$ to another.I'm current relaxing in sunny Australia as I write this (funny enough assisting my parents move into their new home) this is my second year I would consider myself a FULL TIME investor.

Quick background:My parents own 12 units in the same townhouse complex I live in here in St.

Since then my parents have purchased 5 other units personally in the same complex.

I am looking to install a washing machine and dryer.Tenants pay their own GAS and Electric.I have a choice of putting a coin washer/dryer in the basement however I don't feel comfortable having tenants visiting the basement as each have young kids which their parents don't monitor them.If I were to install washer / dryer hookups and a tenants install their own washer and dryer.

If it's one or 2 students and you get parents to co-sign , your risk is lower.

It's our primary residence so we would intentionally only book 1-2 weekends per month and then go crash at my parents' house whenever we had guests.

The properties are run by a manger but if my parents don't want to take those over then I wold be interested in learning as much as I can now and maybe one day step in. 

@Derek GrueningThe LLC would have to be owned and capitalized by the parent C-Corp, and ultimately the income would flow to the C Corp.  

Honestly, and it might be a tough thing to do since us men have lots of pride and ego....but it might be good to let your guard down and see if friends/family or even strangers will donate money via a gofundme page.