Jimmy,Your model cam work fine if and only if appreciation happens.

it sounds like she had a good long life.

Even if they sign acknowledgments and are fully informed an attorney can make life uncomfortable, especially if the home is sold on a wrap note and you no longer own it!

Theres an article in the left column of this forum regarding Section 8:http://www.biggerpockets.com/section-8-hud.htmlI currently own 3 Section 8 properties.Generally speaking, Section 8 just makes sure the home is suitable for human life, and provides the money, all or in part, so that person(s) can live there.

Otherwise call in a professional (especially if you have no clue how to protect yourself).just my .02BTW I'm a life insurance underwriting consultant by trade.

I just recently got married to a beautiful, smart and supportive woman who i am looking forward to spending the rest of my life with....

NO, they wouldn’t.If you’ve got a job, your wife’s got a job and your way of life financially has been the same for the last many years, why would you not buy a home with the mortgage rates at the current level they are right now?

When I get to the point where I want to do real estate full time and leave my FT job, do any of you have contacts for real estate groups who buy health/life/dental insurance as a group and, thus, get their small business/personal insurances more cheaply than if they bought as individuals?

Do I buy the house outright (thinking around 60k or so) and the give her life rights and rent it back to her?

With proper tax planning you can exchange through life, die and NEVER pay tax.