I'm told the formal approval process (confirming income/property equity etc) will take 4-6 weeks though so we'll see!

As you gain more validated information, like during due diligence or formal property inspections, you can adjust your numbers accordingly. 

Is she allowed to give me that much money or do we need to be in a formal partnership?

TICs have been around forever and were formalized in rev proc 2002 - 22. 

If everything is good with the unit we'll just part ways and move on.Rent would be late Oct 5th so Oct 6th I could start a formal eviction process but like you said, that just doesn't seem worth it. 

Is it just called 'owner-occupied' in more formal terms?

So we have yet to formally see today's population issue addressed.

Those proceedings take time, but the CO will have formal and informal steps to help make things right including some form of wage garnishment for the former and having the soldier's squad leadership perform home inspections for the latter.I hope this helps and wasn't too jargon heavy.

That's when I went straight to my attorney and started the formal eviction.

Before school, I served 5 years in the United State Marine Corps as a Light Armored Vehicle Crewman with two deployments to Afghanistan.I don't have any formal background in real estate, though I have always had a love for architecture.