Through proactive maintenance, efficient tenant placement, and careful financial management, I optimized rental income and ensured a steady cash flow.

So whenever the buyer wants to refinance or sell the property my lien comes up aswell and that's when I'm taken care of? 

Now the situation has occurred that we need to rent the house out in order to help pay for his long term care expenses. 

And do they care if I do rent by the room strategies?

That would take the pressure off Tenant A and let Tenant B know you care.

It is a perfectly good fridge, tenants don't care.

She would be putting all the cash down for the property and I'm a contractor and would take care of all of the rehab work along with finding the house, dealing with real estate agent etc. how can we make it so that it would be 50-50 ownership of the property and all future profit? 

I believe if your mother-in-law runs out of money that Medicaid will step in and pay for the nursing care.

There are a couple of things that come to mind, if a payment is missed the lender cares, if the servicer goes out of business or misses a substitution of trustee, the lender cares, if the borrower goes to the lender to try to get removed from the loan (usually to buy another house) the lender cares, if the property gets caught up in a bankruptcy or divorce, the court cares and that means the lender gets involved.

I still think if you're an investor, you need to run your numbers carefully.