When I got into the STR space in 2015, I needed my daughter to be available on a full ti e basis as PM.  

After selling the property, my real estate investing journey went on hold for several years while my family grew to a wife and three beautiful daughters. 

Having a difficult time understanding the in's and out's of SELLING a property to a son/daughter. 

Their wish is to give one home to each daughter (we are three sisters). 

Hi Mike,Thanks for your response and invitation to the next investor meetup, which sounds great - but we will be in San Diego with our daughter and granddaughter from Oct. 1 -10, so we will have to miss it this month.Yes, Lee does know your wife, and he thinks she is great.

My Daughter was a controller Intel and I think we all know whats happening with that company it has had major issues and is starting to spin off divisions and she got picked to move to Altera as the Finance director of the entire company.

For context, before I learned about his 6 unit I was planning to purchase a 2-3 unit long term rental in Q1 2025 as my first of many deals with a 5 year goal of financial freedom so I can coach my daughter's high school cross country and track teams.

My daughter went in on it with us- she will own her unit, and we are renting out the other 2 units. 

Some high and lowlights:- I had one tenant that brought German cockroaches in and then blamed it on me- Same tenant asking if her daughter can visit but failed to mention it was 5 more very noisy people- another tenant having constant loud arguments with his gf- tenant saved some of my stuff when the house flooded due to a pipe burst and another time during a monster rain storm.

I have a daughter at MSU in Bozeman so I love your part of the country.