I'm a W2 employee who might move closer to their parents to help them in their later stages of life.

Due to covid and the death of her parents, things really slipped.

These investors are looking for capital for anything and everything from earnest money deposits, renovation costs of the property, downpayment and closing cost assistance for acquisition of a new property, or help with holding costs while the property is undergoing renovation and not producing income. 

Emotional support letters are from health care professionals such as therapist, social worker, member of peer support group, parent or child.

Your CPA can't tell you if you will get part of the 10% withholding from the sale?

My parents have an investment home in Washington state that they want to sell.

Being raised near Winmark in Port St Joe this has been “up and coming” since I was in high school and we are talking 18 years ago.I was just there visiting my parents and I do see some more houses going in there and maybe the popularity from the hurricane has brought many investors but I still know what it is like there come August-Feb (ghost town) and that is why I personally haven’t owned anything (yet) back home for short term.Now I could be wrong and the money is good enough to offset all the slow months.Just giving my perspective as I would be more inclined to buy something in Panama or Destin where there might be more foot traffic if I had to pick between them.

I feel what you want to do and have done the same (operated units at a 'non profit' rate), but none of my single parent tenants were in a position to or even had the desire to own. 

So if you're operating in 25 states, you'll need 25 LLCs and the parent LLC can be the WY one.

My son’s friend lives in Palenville and his parents were telling me how difficult it was for a dollar store to get permission to build there.