By year 20 ~$1,600,000 AFTER taking out $50k/yr to fund point number 3)3) After year 7 or so, taking out $50k per year and putting it in the stock market (totaling $1.5M)(Not to mention that none of this money is going towards funding my life (food, cars, entertainment, etc.) - All of that type of stuff is being funded by my lucrative job - which is what also allows me to invest 50-60k per year!

This is just part of being a responsible and professional adult. :-)Why can't you give them an offer?

Young adult children cost a lot of money compared to ages 1-18.

I am going to walk away and tell an adult."

Should I just call up and ask if they would entertain a cash offer on their house?

Seriously, with everything else that goes on with seniors and their adult children, at least that's somewhat taken care of.

In any event, having that much cash tied up in a property of that age was not something I was excited to entertain.  

Ever since I saw that there is hardwood underneath, I have been entertaining the notion of refinishing those floors.

@Julie VerardiYou can do a co-tenant lease addendum for the adult child if they are living there, versus just visiting while school is on break.

I would write a cover letter and create a Tenant Information Form , then ask all adult tenants myself for the information.