@Cameron RileyI understand not wanting to pay a little for something, but there are a few ways you can think of it, we spend money all the time for convenience and if you have a program or a system that will quickly allow you to do something and it’s as easy as any of the other things you may normally do out of convenience you would do this too.The problem I found was what program do I use?

Once my lawyer is able to get the zoning certification, I will be able to start working on the project. 

I work with MANY lenders that can lend to both individuals and LLC on the same loan program.

My suggestion is you buy a house you want and if needed use a down-payment (dp) assistance program.

For Medicaid there is a 5 yr lookback on assets/funds - Medicaid can pay for assisted living - however few facilities work with medicaid (or whatever the program is called in your state - in KS it's called HCBS - Home & Community Based Services)  - I'm not fully educated on medicare which kicks in for SNF - skilled nursing facility -- so I do not know the nuances of that -- if there's proof of elder abuse regarding funds I'd guess the local authorities and possibly Medicare/Medicaid could come after the guilty parties.

I would highly encourage you to take the city's free landlord training program.

Simply buying a stabilized asset and operating it isn’t suited for an the OZ program.

If not I would look into the HomeReady program for an alternative low down payment option.

I used the NACA loan program which helped me get into the multi family price point.

I came up with a zero interest owner carry program in 82ish when interest rates were sky high..