It is becoming a lot for the 80-year-old owners who are expecting greater costs in time and dollar (self managed).Is there any creative deal structure that can be used so that I can buy and occupy the home including the assumed improvements, repairs and maintenance, while allowing the seller to preserve the step-up tax shield for their descendants?  

Includes added features like worry-free compliance and faster processing.Premium Package: $349 per year plus state fees.

Any additional expenses incurred in preparing the land for sale (such as adding driveways) would also be included in the cost basis.In summary, you would typically report the capital gain from the sale of each parcel in the year the sale occurred, based on the cost basis allocated to each parcel.

I came across this article about the recent Salt Lake City Council budget amendment that includes money for the city to monitor STRs via some type of software.

Be prepared to show stable employment and income history.Developing an Investment Plan:Market Research: Understand the local real estate market, including rental demand, average rents, and property values.

You can however as a cash buyer purchase a home near Indianapolis and some of the suburbs of Chicago (which includes Indiana) for $100K and rent them out between $1500 to $2500 per month. 

The new mortgage will be larger than your original mortgage since it includes the additional amount you have cashed out.

"Tiny homes" is actually a classification that includes 6 different types of dwellings.

To me, the question isn't "stocks or real estate," because a diverse, recession-resilient portfolio includes both.

Code for your area may include plumbing, electrical, bedroom windows (proper height, width and clearance for egress), some areas require sheet rock around the heater and hot water heater.