At closing a Note was issued and a Mortgage/Deed of Trust were issued showing the Borrower (Investor's) indebtedness to me, with a Mortgage/Deed of Trust showing my rights as Lender over the Borrower's property.I have received mixed recommendations on this topic and am looking for guidance that is consistent.Specifically, I lent money and had the investor/borrower/property owner place me as "Mortgagee" on their property's insurance policy.

There are so many pitfalls going into business with relatives, there have been books on the topic. 

This article gives a very helpful starting point.https://www.biggerpockets.com/blog/core-four-real-estate-teamThere are a lot of markets that do have a large selection of MFH that cash flow.

We do include their tax rate on their return with supplement information but it only becomes a true topic of discussion during our quarterly calls with certain clients.

Also, check out this BP article: https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

They finally gave up and decided to rent out their home for $11,000 a month and ended up with a squitter and another article about them https://therealdeal.com/chicago/2024/09/16/homeowners-sue-pr... 

@Aaron Kohanbash This gives great info  https://www.biggerpockets.com/forums/48/topics/1133324-appreciation-over-cashflowwill-get-you-more-cashflow

Two completely separate things.Read this: https://www.biggerpockets.com/forums/51/topics/1122635-the-s...

https://www.biggerpockets.com/forums/109/topics/1213369-seek...I'm hoping to go from 0 (doors) to ~20 in about 5 years or so and from what I'm seeing here, it's a promising and likely endeavor with some patience, organization and a good team.TFR :)Fareen

Read this article from GoBankingRates on the best states to own rental property and you'll see Ohio takes the #1 spot.Best And Worst States To Own A Rental Property