Shoot em up areas always do badly in a downturn unless you are loaded up with Section 8 in which case no need to worry.As many have said above it's hard to see a big downturn coming, unless some incompetent socialist gets hold of the reins of power.  

That's what makes it so fun and powerful.

We are more powerful than we give ourselves credit.

If the son wants to sign then he should do so using a valid power of attorney (or court appointment as a guardian/conservator). 

-Plus, I believe having ADU's without a separate meters (very costly to do) means I would also mean I would have to pay for water... maybe even power. 

As far as my current work, I am currently an ATP (assistive technology professional) and I help patients in hospitals, nursing homes, or at home get custom power and manual wheelchairs to increased their independence with their daily activities.

The power of real estate investing is in the ability to purchase an asset with leverage.

@Casey Powers @Jay Hinrichs I am not trying to take advantage or steal the house from my neighbor.

You should strive to decrease your effective tax rate as much as possible.The power of investing in real estate lies in the ability to offset your income with the passive losses generated by your real estate investments.

Can I appoint, or give power of attorney to my LLC to represent me vis-a-vis my tenants, lease, collect rent, etc...?