Maybe he gets 20% of the rents in perpetuity and that passes on to his heirs and there's a balloon due in 15 years?

The city has been in perpetual fiscal emergency since almost its inception.

It's stable largely because of the people - and the stereotypes of Iowa people being down to earth, and nice - apply. 

It is of perpetual duration.

It's a noble thing to do, but ultimately something you may regret if it is perpetual.

It appears that these assets allow the "People's Government" to perpetuate their agenda.More to the point, there is no question that the tenant is liable for the remainder of the lease, or 1-2 months that are typically granted by judges.

And...why help her perpetuate a felony (tax evasion)?

Home of the perpetual double digit increase in home prices.

And this is why discussing low income properties on here is a losing proposition...But I did see good advice sprinkled within the mass stereotypes.

If it works out, look into a perpetual entity like an LLC.