I even send letters in November reminding my tenants that the best gift they can give is the roof over their family's head.

The plan here is for me to buy my aunt out and eventually mom will gift me the home. maybe i should have said this in beginging as this may change things.

You are truly gifted.

If you are covering your son/daughter's portion of the rent you can charge them rent and then "gift" it back to them at the beginning/end of each year.

They are doing this to pay back and replenish losses from foreclosures of the past.Great part about FHA is you can get a gift from family etc. for the whole down payment which is 3.5% currently.

And have strong financials.2) He didn't want to have to worry about the unit being treated poorly, as they were remodeled - and there are some sketchy people who still live/move in to the neighborhood. 3) I think he also wanted to give a little "gift" to a friend of a family member.

They sell store gift cards including home improvement stores and Amazon, so it's a 5% discount at the right store.

There is a slight caveat, however: If a spouse gains a property by inheritance, receives a property as a gift, or owns a property longer than the current length of the marriage, the property belongs to the spouse and not the marriage.

Once we have selected a tenant and they have accepted our offer to rent, then we must take the time to put together the contract, the move-in information packet, and the bag/bucket of move-in gifts.

We have no down and we just got approved from a major lender on the contingency of gift money for the 200K down.