The mother died, both kids live out of state and hopefully we can get it for a great price.I ran the numbers, and looking into other possibilities of splitting the lot up to sell (one of few double lots in high value area) and all looks good based on mostly equity with some cash flow.What I am trying to figure out is how we can set up this partnership, we have talked about an LLC and we are pretty sure the bank will not loan to me in an LLC (they are double checking, small local bank).

single mother I was getting tired of paying high cost of the rent I want some painting from 350 from back then to nearly 980 now so instead of me investing into the Landlord pocket I want to invest into my own pocket and secure my kids future and grandchildren as well financially

I am full time working single mother so it would make it that much easier to have lists available to me with leads.

I think my main question was how to protect it from medicaid or if they go into a nursing home?  

I'm looking to buy a house that my mother in law lives at for now.That house is being forced to sell so I figured I would buy it as a rental and let them stayThe house is worth about 130 after repairs And needs about 40 thousand in work.I might be able to grab it for 70Any advice on where to borrow for that kind of deal ?

My mother-in-law lives in Vernal down the street from another pharmacist, (actually in Maeser).

lam renting out a plc that was built by the owners of the property attached to the main home. I have no stove but i do have a kitchen its a 1bd 1bath living rm kitchen i share the same address with the person in the m...

I'm a CCIM and a member of the Society of Exchange Counselors.Hi Ernie, Sounds like you have invested in lots of different kinds of property types- Have you ever invested in skilled care nursing ,assisted living, or corporate housing?

Why am I getting into the field, I hear you ask.Well, my parents are hitting retirement age and are having to work as hard as ever to sustain their lifestyles.Three kids on my mother's side and one on my father's means that I'm not holding out for a massive inheritence (though my mother has hinted that her life insurance pays out more than I would have expected...) and so, as with all things, I am learning to take control.I'm slowly coming full circle, have an interview for a job back in my old hometown and am remembering my dream as a 12 year old was to own hotels, coffee shops and houses.

The person needed to go into a nursing home and medicare was forcing them to sale their house.