That way, owners still feel in control but the property doesn’t stall while waiting on approvals.Curious — in your experience, what’s the #1 adjustment most owners resist making right now?

Purchase price: $800,000 Cash invested: $100,000 12k ft2 Unit A class Climate Controlled Storage Facility What made you interested in investing in this type of deal?

My parents have them and their home is cluttered with paper, clothes, and knickknacks. 

I’ve actually seen this come up a lot, parents often want to help their kids get a head start with investing, and there are a few angles to consider.

Additionally, the parent company to Dollywood just bankrupted 2 of their locations (not Dollywood) this week, and have over $1B in debt that they're working through, and do not seem poised to improve or invest in the area in the short to medium term. 

( No will in place)I know someone who recently lost both of their parents.

Most of the tenants were employed single parents with children, where they employment was at lower levels. 

Acquiring property from your parents can be a wonderful opportunity, and there are a few paths you might consider exploring.First, you could discuss the possibility of a gift of equity, where your mother gives you the condo as a gift, potentially allowing you to avoid some costs involved in a traditional purchase.

Hey Nicole,Good question — a lot of parents buying for their college kids run into the same fork in the road.

This implies that in CA you do not desire to have been renting the property if you plan to continue to live in the property; you will be better served if it was the primary residence of the deceased parents.