When this happens, if your family member will be applying for Medicaid insurance to cover the cost of the nursing home, then any transfer of assets within the previous five years will be scrutinized and the FMV of the property transferred will count in your family member's assets.

I think reading about it in a book you have to scrutinize what the author is writing and they are out to give information but also to sell that book you read.

I don't really have a desire to deviate from my past method but I wanted to throw it out there for BP members to scrutinize, to see if I was looking at this the wrong way or if I was missing something. 

To reiterate what @Matthew Olszak said, scrutinize the banks addendum if they accept your offer.

Would you recommend that or believe the IRS would scrutinize this?

If that doesn't fly, another option will be to go through a commercial loan broker or specialized lender who will look at the quality of the collateral to determine whether to make the loan or not, rather than scrutinizing your personal financial history.

Those are the same collection of "data" that I see and know it's heavily scrutinized - some PMs I'm seeing are thought-minded as "it's collateral damage" if they placed a not-too-good tenant.

Scrutinize every dollar and make it happen.

I guess I'm a bit overly careful, just in case they decide to scrutinize these types of entities in the future.

You will be scrutinized even more because you have your license.