I am thinking the best way to go about this would be to use my cash as the down payment and have my "uncle" get the loan in his name.

@Roger Blankenship Have you ever rented to any college students?

Will uncle sam see the assessed value posed by a county and tax you on the equity gained considering you we're gifted a property?

My uncle is a small investor in Floral City but does it just for his own income and runs his own painting business he has had since I was a kid.

Uncle Sam is going to increase taxes and give them more support.

I was the painter- Poetic or stupid only time will tell.All of my rehab experience had been with my uncle/business partner for the previous 2-3 years and I had just demolished that relationship and taken my half of the funds, didn't feel we were truly living up to our potential.

So Uncle Sam didn't get a dime!

How is the tenant going to know that it isn't your crazy uncle or your sister-in-law that you've sent their way to give you a glowing review?

I want them to understand it and feel comfortable signing it without wanting to talk to an attorney or to an uncle.

That said, just because you can do it might not mean you should, you brother/sister/uncle/etc can still sue you.