Keeping consistent with my kid theme, I go aggressive with the first property (child), then I do what most parents do, plan better for the next child or in my case property (properties).So, Lets say I get a modest income tax return and bundle that with $ I saved.

And you're going to expect your parents to do this for free?

That puts the parent on the hook for damages and rents, makes a big difference in renting to this crowd.

I was discussing this same topic with a friend who is living at his parents, perfect opportunity to invest!

My retired parents who are staying with me had decided to terraced the slope in our backyard for vegetables.

Hello, currently I am living with my parents and brother in our house.

It's all about how you were brought up.The kids and even adults today about 80 to 90% are in jobs because they do it because they have to and want to leave as soon as possible.My first job I was 14.I wanted a Tandy computer from Radio Shack but my dad said we couldn't afford it.So being a kid walking around my subdivision there was a fruit market right across the road.I went over and talked to the owner and was hired.I walked back home and told my parents I got a job.The work was very tough but we had a bunch of fun.Didn't have a fork lift so they would back up a truck and we would unload potting soil,wheat straw,pine straw,pumpkins,watermelons,flowers,bags of rocks one by one onto the empty pallets on the ground.When the food truck came we had one manual hand truck.Being the job was considered agricultural I put in sometimes 60 hours a week and I loved the checks as a kid.I bought that Tandy computer.I remember that the salesman at Radio Shack gave me all the reasons why nothing would ever go past 512 kb.My next job years and years later was as a Kmart cashier.I loved being in the air conditioning but the other kids complained the work was too hard.I saw it as a gravy train job that was so easy compared to what I used to do.Many people of today want 100k a year jobs but do not want to put in the work.There are many low income jobs being created but that doesn't motivate people to work.If you have a kid on welfare and you go work part time then they deduct what you make off of that amount so there is no point in working many say.If you get 10 an hour but all of that goes to childcare and they tax you on the income then many just stay home.So the government can't expect to fix the system the way it is right now.There is no motivation for people to work low income jobs when they can make the same unemployed off of government programs.

That way, not only will your hardcore investors see your deal (which they will put an offer in on because that's what they do... make offers all day), you will also get exposure to "John," the guy down the street who is still living at home, has a pile of cash, and wants to get out of his parents home but wants to stay local.

Dayton experienced a downturn in an economy that had already had a downturn. the upside is that there are families that have lived in this community and are paying rent for a 2 bedroom of $550 and 3 bedroom $625 to be near parents, grandparents and other family members.

Hello, I'm trying to purchase my parents townhome and am wondering if anyone could share some ideas on how to go about it.