These guys are having fun because there are a lot of scammers and gurus out there selling LLC creation services and Wyoming Trusts and Cook Islands Trusts and if you believe all that b.s. you will end up needing to cash out refinance soon in order to access that equity in order to pay for all their services plus an accountant to keep track of the mess.

I might consider it if you could finance it all yourself and had a plan to sell but could still make it work if you had to hold as a solid plan B. 

Quote from @Julia Havia: These are big projects and be sure that you are doing it all within the city scope of what they want for the property.

Hello all,I am interested in small multi-family and land acquisition.

Then you can breakout to do your own deals with the information to estimate rehab costs by just looking at the deal at face value with all that new knowledge from the partnership.

That's all.

I use the BP Calculator to analyze all my deals.

Hi All! 

All 3 are great books to read, and give to your clients.

If you do it all above board, you would pay taxes on the rental income received and your daughter would be using post-tax dollars to pay rent which isn't the most efficient.