I may be misunderstanding the question.

I noticed on another post that there are a lot of misunderstandings regarding the traditional FICO scoring model and it's use for tenant screening.

However, given the 3 decades I've been in this industry I just thought I should put as much as I can out there for all to see in an effort to clear up many of the misnomers and misunderstandings both real estate, construction and the lay person may have developed during the course of their research.

Unless I'm having a fundamental misunderstanding of how financing works on larger multifamily properties...?

@Jay ThackerI think you misunderstand the turnkey process a little bit.

I see nothing wrong in this scenario.Whatever you do, make sure you include it in the lease so that there are no misunderstandings. 

I took that to be self-evident and the misunderstanding to be only the proper registration of the title change  as I noted the conditional "passing to direct heirs" :)

Insurance also doesn’t protect you from misunderstandings, especially those made in writing and email.

I hope I am misunderstanding this regarding new tax law in Calirado... sorry I meant Colorado...."

By investing the time at the start of tenancy, we minimize misunderstandings and develop a rapport with our tenants.