If anyone has done this with their children or parents I would love to hear how you got started and what lessons you learned!

I've heard about such arrangements with corporations and commercial real estate deals, but third-party guarantees on home loans are usually provided by parents, so the compensation issue doesn't often get addressed.  

If you house hack it's still your primary residence.If they told you that no one else is allowed to live in the property then I'd go tell every news network on the planet that THDA won't allow my girlfriend, friends, kids, parents to live with me!

Hi,Once I hit my limit of having 4 traditional mortgages, can I give my parent the money to have them buy a property under their name and then have them transfer the property into my LLC?

As a parent I would never not encourage looking for the best school districts but you’re going to pay out of the wazoo in towns like that.

We hear what you're saying, we're in the same boat.My husband and I are also researching markets to invest in out of state.We live in CA, in my parents second property.

I will explain the contract and the risks to them FULLY and then we will sign the contract thereafter only if the person wants to proceed.I look at this just like if I was leaving my parents house and asking them to help me out with a down payment on my first place to house hack.

But know we feel more prepared and better educated.So we live in CA, in my parents second property.

Most of my units are 1 bedrooms, which tends to lead to tenants with no children, in fact HUD guidelines allow for requiring a max of 2 occupants per bedroom, therefore only an adult couple, or single parent with 1 child.

This is actually a pretty common strategy and used by the parent to reduce their tuition fee.