Don't forget the banks can turn your HELOC privileges on and off if they feel you are over-borrowing without any restrictions.

Doing it without paying tax for the privilege is even better.

BUT, you can talk to a real estate company about putting a huge "for sale" sign on the property and paying you for the privilege:)  Also look to the neighbors and the neighborhood.

Or maybe I have too many expectations as a privileged white man who is now living with low-income.Thoughts? 

So you have two options: Put down $45,000 for the privilege of spending $1,567 a month (base case scenario at $850 rent per unit), living in a worse part of town, and taking on a part time job as a landlord, or stay in your current rental for $1,050 a month.So, the question is, why are you even considering this?

Also, when you have an attorney file the private documents for your land trust, those documents become protected under client/attorney privilege, another layer of protection.

I have the great privilege to live on Oahu Hawaii.

But I am wondering if I shouldn’t privilege his money at 70.

Sounds like a tough sell; if she's sentimental about the house, she probably doesn't want to see it become apartments for strangers.I can't even convince my friends with no kids to live in duplexes... they are just too content to pay $1,500/month for the privilege of not having to hear footsteps above them every once in a while.

Lenders DO NOT GIVE OUT REFERRALS of clients that's privileged information.