Could the seller provide you with a note for the down payment and you pay him back?

You will need different attorneys in different states depending on where they are licensed.  

Hey @Jonathan Sanchez, a lot will depend on your area.If you are buying in a saturated area with lots of competition, then using an aggregator like Pricelabs to help make your pricing accurate is handy.If you are in an area that has less, then simply looking at nearby properties that are similar to yours on VRBO and AirBNB.

This is rarely an issue provided you still perform.The raising money part is more complex.

In my experience, 75% of the time, the tax payer doesn't have a large enough liability to justify the accelerated depreciation anyhow- depending on your income and tax bill, it might not matter at all.

This doesn't come cheap--these folks were making high six to seven figures depending on volume.We focused on lending to professional real estate investors--so our customers were frequent repeat borrowers. 

Depending on the price point, they may already be running targeted ads in cities/metros for buyers that may be looking for a second home/vacation home.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

BUT the point is...do you think you or the agent will sell it for the highest price and provide higher net proceeds to your family member? 

We would need to know your current operating expenses (and rent) to be able to provide any suggestions.