By doing it this way, you can structure the arrangement for the specific deal, as opposed to becoming part of the LLC and thus becoming a permanent part of the company.Either way, your dad will have to report the income.

Seller understands that buyer may deed the house back to sell at some later point and based on mutual understanding amongst buyer and seller.Seller understands that this could be a permanent solution to the property problem and disposition or this could end up being a short term solution based on worst-case scenario outcome, i.e. something catastrophic occurs that keeps the buyer from making payments.

If you want to spend your time to make a permanent note on the tenant's history, go for it, but a favorable judgement is unfortunately no guarantee of payment.CO sounds even easier than CA.

I also did a land split and kept a small building lot where I will do some permanent tiny house construction - two units if I can afford it. 

The reason I would pay the rent is that were he to file the papers to begin eviction proceedings, your name will permanently have that associated with it.

I am looking at three homes in the same area that are prefab( mobile home) on a permanent foundation in a park around a Marine Corps base.

I haven't learned how to properly assess neighborhoods and see what the activity is within but, from the looks of the neighborhood the subject property is in, people seem to be permanent residents.

After talking with some people from the town, they had a permanent easement for the line, and it restricted any future expansion due to its proximity to the home.

My reasons for choosing real estate as a stepping stone (permanent one) is simple.

If they stay there permanently they just clean them out.There was a show years ago "undercover boss" that had an hour on that business you might find helpful but I can't remember the episode so you will have to search.I know for retail strip centers we used to worry about dry cleaners contaminating the building and ground.