I'll definitely look into the book by Pace Morby and check out his YouTube channel and Facebook group.

Your son is likely paying more than the property is worth, by definition, as the seller would almost certainly prefer a similar offer that was not subject to. 

What is anticipated legal costs?

Hey Joanne, you’re definitely onto something with room rentals.. it can be an excellent strategy for offsetting a hefty mortgage and, in some cases, bringing in higher total rent than a single lease.

As European residents, we directly manage investments, leveraging the fiscal and legal advantages available in the EU.

Rents have been pretty close to what the housing authorities advertise, sometimes even a bit higher.Fort Wayne’s a solid spot with low taxes and good cash flow—definitely worth looking into.

Just be sure to be prepared to get legal advice if you run into grey areas that you are not well versed in to avoid legal implications.

Much better than a legal filing or media attention. 

Lenders will want to see the filed Articles of Organization, an Operating Agreement that you can get from your attorney or, if you're brave and it's just you on the LLC, some people use Legal Zoom or Law Depot.

How does that work when you are not yet the legal owner of the property?