My kids went through this around the same age and still have an interest.Teach him financial literacy and include him in what you are normally doing.

In the short term, there can definitely be some financial downs, but long term, you will pass everyone up!

Analyze your strengths/weaknesses and also the type of business you are planning on building.

Usually I use trieagle and request a month to month plan and have the power on a day or two after the tenant vacates.

I completely agree with the advice and I'm perfectly okay with not charging him rent.My concern is that by treating this property differently from all the other units in the Series LLC, I may be opening myself up to a situation where I'm weakening my LLC protections even if I keep the financials separate and in order.

That was my initial plan when I first started investing, but I was having a hard time finding a four unit.

Do you plan on doing multiple flips or just one?

If we buy this loan, we need to have a thorough game plan on how we are going to be resolving this and understanding these dynamics is key to managing expectations and protecting investments.Sounds like a deal more for someone that buys partial inheritance estates and spends years piecing it together than a note investor.  

Life is busy, but I plan to add some more cameras at some point.  

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.