It is also clear that the owner of the house was disabled (wheelchair) and it appears they didn't enter or utilize the rest of the house.Bed 4/Bonus Room 9x9 (sheetrock, paint, carpet)Kitchen 2 7x12 (strip, remodel to a mudroom/other area)Stairs (refinish wood/paint, or carpet)Bedroom 3 and 4 12x12 (wallpaper removed, paint, carpet)Upstairs Hall (Paint, sheetrock)Bonus Room 2 (Cosmetics)Bonus Room 3 and 4 (Light Cosmetics)The kitchen is the first room, this is in need of purgo or hardwood flooring and a full overhaul.

The tenant is a 18 year old on disability - I wonder why he's on disability.

If I'm a parent of a kid who has a low GPA due to a learning disability (i.e., ADD) and you either deny their application and/or kick them out for falling below a certain GPA, then you are discriminating against my kid....My kid and I are gonna sue your A$$!

I have a child who is already permanently disabled and is getting sicker from the mold.

And yes, the place had been inspected, but these things happen.The tenant lasted 5 months on rental assistance then was kicked out of the program when he started collecting disability and refused to pay his own rent.

Hi @Bill Patrick,Please don't take this question the wrong way, it pertains to a niche mortgage guideline that not a lot of people are aware of that might benefit you.Is your daughter "physically handicapped or developmentally disabled" in any way, shape, or form?

My wife is disabled & we have a 3yr old but I have a great location & experience just need a lift?

But, they are also forgiven with a permanent disability or your death.  

The LLC is mainly for income shielding/tax purposes (my disability makes income lead to insurance issues so I need to be as far removed, legally/tax wise as possible) In the simplest form, an LLC has no effect at all on taxes.

You can also use the Ellis Act to go out of business but would need to pay each unit an $8300 to $19,950 (depending on # of bedrooms, if tenant is a senior or disabled) relocation fee and cannot rent the units for another 5 years, I believe.