It appears that the product is for use on second homes, vacation properties, homes for direct relation (mother/father/child).

OK I Don't Live an expensive lifestyle Lets just say child support is kinda killing my regular paycheck i bring in.

I'll be following it closely as I set up a new future for my family and newborn son. 

My wife wants to open a franchise with Platos closet and Once upon a child, both are owned by the same corp.The location is near a mall and all of the current strip malls are newly leased. 

Look at a new born baby this morning, imagine it living to be 115 years old, add 25 years to it.

If you can not put a young mother and her new born on the curb in the dead of winter you should not be in this business.

For example, in my town I rent many 2 bedroom, single bath, houses to young couples with a small child or two and also to seniors.

I know many professionals in commercial real estate and it seems MF is the golden child of all the asset classes.

Not only can the landlord get bit the prospective tenant or tenant's child can be bit.

Reason being...If the checks are made out to "Jane Doe (your applicant) for the benefit of Billy Doe (child)" or made payable to Billy Doe (applicants child) with Jane Doe (your applicant) listed as the custodian, you may not have legal recourse to gain access to these funds to recoup any unpaid rent or damages.Not intended to be legal advice, as I am not a lawyer...