Being as they are my parents they would more than likely simply loan (no interest)/give me the money, but I want to approach it from a business standpoint A) to show them they would get better returns than just sitting in the bank and could be great supplemental income for retirement years and B) I'm not looking for a handout but truly trying to learn how to structure deals for private money in the future.That being said those of you who have partnered/joint venture would you be so kind as to share some of your different agreements?

Balance sheet: Asset of $75,000; Debt of $45,000 Income statement: Top line rental income less vacancy: $1140Total operating expenses (42%): $480Net Operating Income Prior to Debt Service: $660Debt service: $310Debt Coverage Ratio: 2.13The lender's bottom line: Many lenders view a DCR of 1.40 (+/- 0.10) as their target minimum, so this deal would be beneficial for the portfolio, with an acceptable LTV (60%) for this established borrower.

Or allocate by amount of coverage I WOULD have in the absence of RE investments vs WITH RE investments.

Section 8 can be good as long as your unit passes the program's housing quality standards, but with all that student debt she'll certainly need some supplemental under the table income, if she makes too much on the books she'll lose that voucher and possibly not be able to afford the unit anymore..

Confirm insurance coverage and take over claim.As others have said, you also need to winterize; bleed all the lines and add anti-freeze to toilets.

Jason, the $1M coverage they offer is only if you buy the property and you take out a title policy with them.

If you want to own a place and use it when you want while raising a little to supplement your mortgage payment that is something you can do, it has its paybacks.

If you have a $1M umbrella, it adds $1M in liability coverage to all exposures under your own name.

Some Dwelling Policies and Tenant Policies will have coverages for this circumstance.

I would like to own around 7-10 rentals free and clear over the next 10 years to supplement my job.