Hi Jake, It depends on the area you're from but financing mobile home parks or financing mobile homes themselves are a different affair.

I work for the Veteran Affairs and have never heard a Veteran talk about using the VA loan this way!

I would still like to see that the tenant has "cut their teeth" on getting their affairs in order on someone else's trust but if that just isn't possible you are the one who ultimately knows your situation the best. 

That is the point that Jay was making.Some people always leave it to last minute, others need that wake-up call they are on the verge of losing their house before taking action, others have had other pressing issues to deals with in their personal life(divorce, death, etc) before dealing with their tax affairs, others simply don't have the money to pay for the tax liability (but there'd still be  the option of selling the house, if it is worth something)In my opinion, I am not convinced your proposition (at 10% of the house value) would be compelling enough for homeowners to hand you their keys.

I hope you're all well and healthyWell, now with this current state of affairs, I'm thinking the market will come down.

If you would like to talk more about the current state of affairs in South Lake Tahoe, please feel free to reach out.

Think of it this way: if you combined your personal affairs with your LLC's in the same manner as above, you run the risk of a litigant piercing the veil, and your personal assets would be at risk (especially in bankruptcy). 

As I understand it, violating this would be a civil affair and not a criminal action so therefore isn't really "illegal".

Think about personally what you are leaving your family with in wrapping up your affairs if you had debts on 10 properties and kick the can suddenly.

We’ve become slightly more than business associates over our extended relationships and they help with and handle quite a bit of my affairs in the US.