Now, of course military status being protected is intended to prevent discrimination against military-affiliated people, but just like race is a protected class to protect minority races from discrimination, yet you still can't give preference to any particular race, I would interpret that the same way for military status (can't give preference for or against) in a state that protects it for fair housing purposes.I'm not a lawyer and this is not legal advice - just based on my understanding of (Ohio) fair housing.

https://www.curbed.com/2019/10/11/20909545/adus-development-california-real-estate-housing-shortageWhile this wont be a "tiny home" in the sense that it has its own parcel number and address, but you can build a little 1 bed 1 bath ADU in the backyard, if you have private access or something like it can very easily be rented out, detached garage conversions are actually even easier. of course do your homework, zoning, lot coverage, and setback laws in your neighborhood may prevent this to some extent but worth looking into for ca$h flow!

I grew up and reside in NY (Long Island), and run a very successful manufacturing company that takes up most of my time and has prevented me from being able to invest in my first RE property still. 

Secure and easy to use document management system that avoids unnecessary work for both of us 5.

If you went with this exemption, most jurisdictions actually place a deed restriction that you can not sell for a year, to prevent abuse of the exemption.

It may be a matter of specific state law - that parcel may be grandfathered in in some manner - were you previously preventing the owner of that parcel access to their own property?

As it stands, it is taxed as an S-Corp, so starting a new LLC would complicate things on the tax side and trigger additional unnecessary expenses.

So, we are going to transfer the utilities, cancel any other unnecessary bills and give the brother in law 2 weeks(?)

Plan on at least one year and up to two years depending on the size of your project and the difficulties you many encounter within the municipality obtaining permits.The one large hurdle which prevents many investors is you, most likely, will not be able to fund the land itself.

That $10,000 could prevent them from investing with someone who will take or lose their entire $25-50K or whatever on their first deal.