Sure you can.Let's give OP good advice.In the LLC context, it is not about "outstanding liabilities".

When the OP's position was challenged by other knowledgeable Bay area residents/investors, she attempted to use balloon claims to strengthen her argument - instead of noting "It's really expensive to live here", with maybe an example or two, she tossed forward figures that would make *any* reasonable person shake their head. 

However, the OP SHOULD consult someone in their state for best guidance. 

The OP's mom is LIVING. 

I assume that OP is buying out right (cash) then stabilizing and refinancing at some later date.

When going to the MLS, they have to set a competitive co-op or no one will show.Then they have to do all the showings and take off work weekdays and weekends just to show the home, and since no one is ever on time, sit around and take more time out of their schedules and reschedule when last minute cancellations happen.

If you look at their numbers and op-ex is 20% or 25% or gross rents you know something is askew.

So you are telling the OP to avoid multi-family because of vacancy?

If the OP wants to have fun they should invite offers, tell the "buyers" to put them in writing, and state they will think it over for a couple of days.

.$150K will get you a handful of options in Scottsdale right now, most of them undesireable.There are some co-ops in Old Town Scottsdale.