While it's not common for lenders to enforce this, it's still a risk.Lender Discomfort: Since the loan stays in the seller's name, if the lender becomes aware of the transfer, they may become uncomfortable with the arrangement, potentially complicating the process.Seller Risk: The seller is still legally responsible for the mortgage.

Bandit signs are not legal in most areas.  

I believe an emancipated minor CAN sign a contract is they are legally emancipated not just that they moved out of their parent's home.

However, structuring this in a way that complies with tax law would likely require expert legal and tax guidance, as it involves partnership agreements and IRS regulations.

In the process of coming up with a legal agreement between us, we cannot figure out how to address when we have differences on how to solve disagreements on repairs.

This reads like fraud...Mortgage fraud is investigated by the FBI and punishable by up to 30 years in prison and/or a fine of $1,000,000 --- (link)Bryan, there are perfectly legal solutions to your problem, call anytime.

It is not legal advice and is not guaranteed to be accurate.

I will be moving into the 5 bed 3 bath because the tenant has been there half as long as the upstairs tenant (therefore that is the unit I am legally directed to move into vs the more tenured upstairs tenant).I do not need the space of a 5 bed 3 bath apartment so am planning on renovating the entire space and turning it into x2 2 bed 2 bath apartments while I am living there.

I take the issue of sponsors acting as fiduciary to their investors very seriously, regardless if they are legally required to or not, and plan to create a platform that calls out those who don't, and celebrates those who do.

This is not legal advice, just friendly information.Obviously, I'm biased, but an attorney should put that together.