Nobody is ashamed of their properties right now.

It's a shame, as everything in this is new, including HVAC and Roof.

I was very excited to start getting some monthly passive income, however long story short, the whole deal was a sham and I was left with a building generating no money, squatters, a myriad of different maintenance issues, and very expensive fixed and variable costs.I decided to try and cut my losses and sell the building at a discount to someone who was better equip to make money on it.

Its really a shame...city has changed so much.

We all just think it would be a shame to let that beautiful house and piece of property go and not keep it in the family or at least turn it into something that creates cash flow for years to come and is something for my brother and I to start building our own portfolio of rental properties (not on Nantucket).

You have to see if the applicants would qualify as a protected class and then decide if "roommates" is a sham way around that.

Nothing to be ashamed of for being a nerd, just ask Bill Gates.

It would be a shame to see this foreclosed on and everyone miss out. 

That is a shame. 

If I put $100 in an LLC and then sold a property with $20k equity in it to me for $100, it could be challenged later as a sham corporation (not likely but still possible).Lastly there are some tax consequences.