There is always a transition period where selling owner stays on and over time new owner transitions into full control.

If she lives rent-free, you retain control of the property but lose the ability to claim rental-related deductions.For long-term planning, consult a CPA and attorney to ensure compliance with tax rules and align ownership structure with your goals, including potential conversion to a rental or estate planning considerations.

These typically include services like renters insurance, HVAC filter delivery, pest control, and sometimes utility management.

Your strategy takes advantage of your employment cash flow and ability to control discretionary spending.  

.- Ask attorney how you can enforce collecting on the lien when you need to.3) Getting full control of the property, while allowing your aunt to keep her ownership.- Have attorney draw up a contract to do this.Suggest you offer your dad some cash, now or in the near future, to motivate him to transfer his ownership to you.It may not work out, but you will learn a lot either way!

IRS 590 also explains this.5) When you receive a distribution or otherwise get paid back, never take personal control of the money.

And i found launch control but the minimum is $500 a month, but they use cross-referencing data across sources to find the most accurate contact information by using a person's name and address to find their phone number, real address and email by accessing public databases, phone number directories, credit reports, utility bils, public tax records, and social media profiles. this is waaay expensive for me as a beginner. what do you suggest or if anyone has any suggestion I'd greatly appreciate it.??

best wishes  i dont do gap funding at all.. so no.. not something I would do we do JV deals every week but we have zero debt all cash and we control the process. 

Mostly NYC real estate companies uses Yardi Voyager and not the Yardi Breeze that most people here in BP uses.Even if you get a job that uses Yardi, you will have limited access on what you can and cannot do just because the role you are in unless you are a Controller/CFO.

The biggest difference to me is that YOU have control of every aspect of an active investment, while somebody else is in “control” of a passive investment.