I’m one of the parents in this arrangement and we wouldn’t have it any other way. We raised three kids, a son and two daughters. None of us are rich by any means, but we’re all currently self-sufficient. The one’s that live here don’t do it out of need, but because they’d be crazy not to. We own a decent-sized ranch style house, plenty of room for two couples, on 2.6 acres with a largish pool, and it’s conveniently located to everything one wants to be convenient to. At this stage in our lives, if it were just my wife and I here we’d go crazy. This place has been the central family gathering spot for our local extended family for decades now. Pretty much every month at least one big gathering is happening here. Anywho… We’ve paid it off and deeded it to a trust, with the three kids being successor trustees. Once we’re gone, the property transfers automatically. They can live here forever, or they can sell it and split the proceeds three ways, but I seriously doubt they’ll ever do that. Our oldest lives nearby quite affordably with his girlfriend (both child-free by choice), and our middle daughter and her husband own their own place with our two grand-daughters just outside of town. Our youngest daughter and her husband (no kids yet) live here with us. This son-in-law races street-stocks on dirt and was able to build a big 30’ x 60’ shop in the back, so this place is like heaven to him. He’s 28 going on 12 and has a pretty good job, so he gets to buy whatever toys he wants, and with the investment of his shop into the property, he’s actually got some skin in the game. They are both hugely helpful, and it’s a great arrangement for all of us. We’re currently kicking around some ideas for my son and his girlfriend to move back onto the property, but into their own space…