Thanks for your service, brother.

You can't use a 4' wide hallway as a bedroom, even if it meets all the other requirements.Two means of egress: Occupants need to methods of escaping, typically a doorway and a window.Minimum ceiling height: You need at least 7' of head space.

. - But I have a family member (Brother or Parent etc...) who is interested in putting some money into it.- Total start up costs (Down payment + closing costs, furnishing, getting started on Airbnb etc...) = 200k USD- Family member wants to put in 50k USD of the start up costs, but doesn't want to be on the hook for the mortgage. 

Any advise or suggestions thanks  Let me break it to your brother… why in the world would you work with a seller that wants 100% of what they think the house is worth?

@Dave Foster@Jay Hinrichs@Michael Plaks@Eric Fernwood@bruce woodruff@jdmartin@russel Brazil@dan h@Theresa Harris@James HamlingMy apologies to the other 3-5 who’s names escape me because I don’t have a question in mind that needs answering. 

For example, the properties I manage in Gladstone don't have the same paperwork needed. my brother mentioned Raytown is now adopting this as well  he also said something about if you evict in KC you may have to pay the eviction costs of the person being evicted and Raytown could also adopt that!

Hello @Wayne Glasper - Happy to connect brother...shoot me a PM.  

Some of which are national builders like DR Horton, Toll Brothers, LGI, etc.

The property is one of 3 that was a part of a bigger property owned by the neighboring family that got split, we purchased this one from the neighbors' brother.

I had a beer with my brother recently and after I laid out my path forward with all the numbers involved, he said “you can’t afford to stay” … pension won’t be worth enough to justify staying in a job that has a pretty hard cap on earnings for a pension that won’t be worth enough to make a difference in my life, let alone the lives of my children.