I used a program in Minnesota to finance a small downpayment with a no-interest loan, then had a loan from my parents to fill in about $5000 of costs.

I would think, and this has been confirmed to me by several estate and elder law attorneys; as well as tax attorneys, that a tree structure where you have a parent LLC and then wholly owned sub-LLCs under it's umbrella is the correct way to do this. 

They expect you to 'donate' your time if you are the owner, sorry.

I do have a good relationship with my parents and would have no troubles with renting to them.

Alternatively, you want to avoid a scenario where the tenant is forced to find someone to take over their lease since that means you'll have less control over who the unit is being sublet to (IF you don't have any restrictions against subletting in your lease). 3 - If someone's parent has passed, and its only been 8 days.

My mom is a single parent with 3 kids.

I'm having a hard time seeing if it's allowed for me to essentially manage the renting of my mom's single family property. We are checking if the mortgage is assumable for her to transfer it to me. But if not, can she...

I am not sure if what we use is specific to our software suite but we use HappyStays app (same parent co of Streamline VRS). 

Hi guys,I need some advice from the pros on if and how I should try to grow my parents real estate portfolio.

If you have elderly parents and want them close to you but having their own space.