The girl as no assets to go after. some states you can try and garnish wages. often times its futile

I would be happy to set up a time to discuss and learn more about those markets.

But with 5 bedrooms I'll need at least 2-3 nurses to stay there at a time.

(Surprisingly, the blue states of Maine and New Hampshire did see solid growth, along with the not-so-surprising Washington.)But what about their growth over a longer time horizon?

But again, if you're going to take it down to change out furnishings anyway, then the timing could work out well.

Offering a rent-free period helps the seller stabilize, but what happens if they still can't afford rent when the time comes?

Hopefully someone with tax accounting knowledge can jump in here with more detailed analysis, but I looked at this a bit several years ago...1) You still have to pay the depreciation recapture on the sale decreasing the net benefit of this approach due to the large tax payment in the 'sale' year2) The LLC would need to not be a passthrough entity so that it can be taxed separately from you, so you have to add another tax return cost for the years going ahead3) Taxing it separately from you likely means corporate status and corp. taxation rates which are higher than yours and I've heard many times over the years to avoid titling real property as a corp...Overall from what I've seen this only makes sense in a select few scenarios, which for most people aren't in play. 

You want to make sure your lender understand this as  lot do not and you will waste a lot of time if you are trying to borrow more then what you purchased the house for. 

At the time my agent took me to Fallon and Fernley, which I poo'poohed but I'm seeing how high costs are in Reno that I'm willing to learn more about these areas. 

Any time