Tyler,You're not going to cashflow while living in your house hack in LA unless you do something like convert the garage to an ADU right away.However, it is possible to reduce your cost of living (assuming you're currently paying rent and not living with your parents)  while building up a lot of equity through principal paydown and appreciation.Best,Jon

I know a few people ages 30-40, they work, but zero ambition to do more because "well, eventually I'll get a couple million when my parents die."

Looking to break into the market in either Capital District or Glens Falls, NY (I'm from Saratoga Springs and my parents live in Glens Falls, NY).

Hopefully that happens to the property I'm looking at 🤞Unfortunately I don't have the money for a down payment right now...I'm planning on using a private lender (my parents) and then pay them back by refinancing after a year

My parents own vacant lots in Florida and were interested in purchasing a lot next to theirs and I was able to find the owner's name by doing that.

In a lot of states, if the landlord does not meet the deadline to return the security deposit (typically 30 days) and/or send the required notice to the tenants that their security is not being returned then you are void your right to retain any of the security deposit and may have to pay the tenants an additional fee for "wrongful withholding."

Problem is, I don’t have it yet; my parents do. 

They are currently living with parents and intent on continuing to do so.

@Lisa Kay common logic is what you are thinking and what is being repeated by our parents and co-workers.Rule #1... never take financial advice from those who are not FI and financial planners :P

To me I think the technology and the ability to vet services easier with more trustworthy review engines has made it much easier now than it was for my grandparents or parents.