@Anna R. and others.It is not merely the length of time you hold the property, but the intent which determines if a property is a capital investment (such as a rental) or an item in inventory (in the case of a flip).If you are in the business of rehabbing (flipping) houses, then the houses are inventory regardless of whether you sell them in 4-months or 14-months.Sure, if this is a one off "flip", you might be able to stage things to look like you planned to rehab it as a rental and then changed your mind.  

Typically there's something like "Buyer will not ask for merely cosmetic changes" or some limitation on Buyer's ability to request changes.  

I would merely be making an introduction. 

******disclaimer***** I do have to say that I'm NOT an attorney or legal consultant, so any advise/input I give is merely an opinion.

Just want to make sure I'm making decisions based on educated guesses, and not mere speculation. 

Purchase it and live in one of the units allowing you to get an FHA loan and requiring a mere 3.5% down payment.

Merely owning an LLC doesn't provide asset protection. 

If you are merely changing the address of a member, manager, and/or statutory agent, re-publication should not be required.

The mere fact you know about his/her professional capacity acknowledges a disclosure has been made as to licensing.Acting in the capacity of a principal the landlord can communicate with the prospective tenant without a requirement to communicate with either his/her broker or the tenants broker.However, the landlord is subject to conforming to listing and commission agreements.

Any discussion without the facts is merely achademic.You stand to receive a big gift so you would be foolish to not risk a few hundred dollars for a title report.