Are you a recent nursing graduate? 

It is in an amazing area; three miles from my mother's and the growth has been steady.

Those places that I've listed above are fantastic, and I've seen people achieve great cash on cash returns with pretty basic ranch style homes, basement apartments and mother-in-law additions. 

(We inherited this guy and his mother when we bought the property.

I’m a Registered Nurse on the Illinois side, my investments are on the IL side.

You could also furnish a place and medium term rent to traveling nurses and remote workers.

If we bought a house and a mother and her two kids are in it and we were never given a lease agreement or deposit how do we get them out and get their stuff out?

The property is a huge 6/4.5 duplex with an unfinished mother in law suite in the backyard.

Looking for advice or credible resources on understanding the tax implications of renting below fair market value (FMV).Background:I'm considering purchasing my mother's condo and renting it back to her for below FMV for as long as she wants to stay in the unit (est ~8-10 years).

Writing this post for my mother who is currently looking to do a cash out refinance on her current house.