He and his wife bought a duplex and lived in one side and rented the other when he got out of medical school.

.- You might find temporary medical residents or people in the area for a shorter time a good match.

I'm not quite sure on the exact procedural details (as far as the contracts and paperwork would go), but I've been browsing around the site, and I'm sure I'll keep running into good information.I'm really looking for any potential partners or mentors in Gainesville that could help me develop in this aspect.

None of this, office person had to call the maintenance person who reported to the invoice person who retired last week and no one knew about it nonsense- In general more personalized attention- Easier to tweak their procedures- Never have to explain a situation to anyone, back to the too many players in the game thing- Individuals will typically adjust the toilet floaty ball at no charge and just because they are already there.

That money has no effect on any medicare eligibility, but If she (or the rest of you) want to eventual have medicade paying for her housing, the proper procedure is for her to spend that $52K first.

I don't have the exact property yet as I was more or less questioning through procedure and methodology behind it.

The sale of the home is considered to be for health reasons if the taxpayer's primary reason for selling the home is to obtain medical attention (diagnosis, cure, mitigation, or treatment), or to obtain medical or personal care for a qualified individual suffering from a disease, illness, or injury.Unforeseen circumstances may include: an involuntary conversion (destruction or condemnation of home), unemployment, the inability to pay basic living expenses, or a change in living arrangement such as a divorce or legal separation or multiple births resulting from the same pregnancy, and other reasons to the extent provided in regulationsThe taxpayer's exclusion would have been disallowed because of the "more than one home sold during a 2-year period" rule, except that the taxpayer sold the home due to and of the three reasons listed above.The taxpayer otherwise qualifies for the sale of home exclusion, but there was a period of nonqualified use during which the home was not used as a principal residence (effective for tax years beginning after December 31, 2008).Example: John bought his first home in 2003.

The only 100% conventional loan I know of is VA and some loans made to medical doctors.....or to those who can show they don't need a loan.

What causes people to sell and be motivated is what you look for, or what makes them buy.Foreclosures, loss of job or a promotion, bankruptcies, death, people move into nursing homes, have medical issues, get married, have more kids, kids take off to college, retirement, etc.

WRITE DOWN the procedure for finding tenants in the future (and sign it).