There are several other issues with this; but just know at it's core it's an attempt at tax avoidance-not tax reduction.

Minimal changes to effect common entrances, no major shifts in load bearing, easy plumbing changes for wherever the new kitchen would be... it's a lot of boxes to check. 

They say not to make two major life changes within a year. 

With the Power of Attorney, there may not be an issue. 

Also, before you buy another property you'll want to determine your ideal next property - meaning, will it be a "rent ready" house, a major renovation project, or somewhere in between.

Closed with no issues, inherited great tenants and have really enjoyed living in this neighborhood Lessons learned?

UPDATE:  After 4 days of back and forth with Airbnb CS, they finally decided to do the right thing and issue my payout for a reservation that a guest cancelled in the amount of $1,333.75. 

excess funds do not get issued until after redemption period. 

But if you put in the effort, Detroit can be incredibly rewarding.Over the last several years, the city has been on a steady upswing: population growth, major corporate investments, and increasing demand for housing are all positive indicators.

With a 203k Renovation loan, you can also finance in your payments if you are doing a major rehab.