You dont need private money on a primary residence transaction you can receive those funds as a gift by merely signing and dating a gift letter and have your relatives write you a check from their account.As for the home possible program, its a great program.

If you have to charge late fee to avoid not being able to enforce this in the future, you can charge the late fee and give the tenant a gift card to the local grocery store or something like that.

Partner with him through an LLC, have the LLC buy the property, over time maybe he can gift his shares of the company to you. the Commercial loan you get will be to the llc, they may ask for personal backing, but the loan technically will be to the llc.

Came home from a holiday trip to find a gift package and early rent from my 1st floor tenant.

Use your brains, use your muscles, use whatever gifts you have - it will come to you.

So find a FHA lender with no "overlays" for the most flexible options.FHA does allow a "significant other" to gift their partner funds to buy a home for downpayment and closing costs.  

Had I paid $300 for the faucet or received it as a gift, his cost to me would have not changed.  

When you get money from your own network does that not count as a gift that you will need to pay tax of 50% on?

I want to run the real estate and help my family invest from a gift from grandpa as well as open a sport fishing business so you never actually retire they say haha.

Or sending out quarterly surveys to all tenants with gift card incentives for them to complete the surveys would be a direct independent way to find out how the PM is doing and what kind of experience tenants are having.