Originally posted by @Joey Isidore:@J Scott you must have quite the time on your hands.I apologize if my point didn't come across as intended...To address your question more directly:  There is no way for someone who doesn't know you, your situation, your goals, you expertise, your location, your time availability, your acceptable amount of stress, etc. to tell you which path is better for you. 

But the reward is high much more if your Virtual Assistant is on the same page with you to grow.

Good luck with your first deal, real estate investing is a rewarding experience!  

A Medicaid irrevocable trust can offer protection... but you should speak with a CPA who has expertise in estate planning along with a good estate planning attorney.Regarding gifts, if they gift you a property worth $150,000, they need to file a gift tax return.

If he was to ask me I'd say it's fear; the fear of loss is greater for some then the excitement of reward from the deal. 

I’d love to hear some of your expertise, thanks everyone.

., high risk, high reward). 

-What is your background and expertise?

Rely on the experts for each aspect without crossing over their respective expertise. 

If you rent month-to-month, you get 30 days notice any time of year with nothing to mitigate your risk.There's a big difference between "charity" and offering a discount to reward good customers.