They will want to ensure that you or any close family member is not a Politically Exposed Person (PEP).

My name is Todd Campbell and I am a new BP Pro member.  I

I have a couple small $10K lines of credits with a bank, a $20K HELOC, a family member I borrow $20K from, another investor I've borrowed $50K from and a credit card that gets free cash advances for $15K.

The information provided is merely the opinion of a non-attorney and should not be relied upon to make any decisions.Happy investing,Troy

Sold it to a family member. I

You prefaced the question with info about how they had some issues that seem to be re-occurring, are you asking the question about raising the rent inclusive of that info or independent of it?

You would be REALLY SURPRISED how much mold you have to get in a house before you start getting readings in the "this house must unequivocally be re mediated" column. 

Also, in my state to be a bonifided PM/ PM company, one must either be RE broker, and or either serve as supervision or a broker of record; alternatively, if one would have a company that performed a myriad of duties and one such duty happens to be the management of property, let's say passive management, then I don't see the BRE having a problem with that company. 

Most likely at little to no cost to your family member. I

Layouts are a pain to do and you'll be re-doing all your work, I would think not worth it.