Her lawyer told her that she really needs to increase the rent she is charging her father-in-law to to $800/month, but when we were looking at her finances today, she has only actually been getting $150/month.

It is a comment about the nature of the person nothing more.

I'd find this out.This would be a deal breaker if the city doesn't at leave put in writing that you can legally put in a bigger Septic tank to accommodate the bedrooms that have been added.Also was the increase in house size done legally since they weren't required to upsize the septic tank?

By shifting all that money, we were investing in our retirement accounts to real estate it has significantly increased the speed at which we are growing.

This may be expensive and not worth it but having it legally split, may also increase value. 

But just like a lot of things, what is increasing here, could be decreasing in a few cities over.

Think hiking, mountain biking, white water rafting and a community overall focused on all natural things and sustainability.

If you choose to set it up in Illinois (IL) and then file as a foreign entity in MI, you will end up paying two state filing fees, which unnecessarily increases your costs.

Your option there would be to increase the duration of the payments or pay him more down if you have the cash. 

Of course, when the cap rate eventually increase, that would be a different story.For those of you who invested in previous funds, do you know what was the going in cap rate for the MHP in your fund?