The advantage of irrevocable trust is it puts you in control of the property during her lifetime, and on death, you'll inherit it on a stepped-up basis, potentially saving you on a ton of taxes.

Velocity banking has been discussed, dissected, and debated to DEATH in both of them, so no need to do it again here. 

This includes rough in and new freestanding tub, 4x3 shower with wet bed, 72 inch vanity, tile floors and walls and demo.I’m in South Jersey though

I walked into a glass sliding door which was cool and entered into a studio apartment basically. 40+ inch TV was mounted and swung out towards the bed which was super nice.

My thoughts are to purchase livable storage sheds (mini kitchen, shower, bed, desk) and place a few on a half acre or so out of city limits.

Looking to convert it into (2) 3 bed, 1.5 bath with 1600-1800 sq ft per unit.

I have beds compared to units. 

As death is a certainty, it will pay back eventually.Also do not confuse permanent life insurances minimally funded (maximum death benefit for minimum premium) with maximum overfunded permanent life insurances (maximum premium to MEC limit, for minimum death benefit) that are used for cash value.

Right now I'm running about 30% for my 6 bed in Kissimmee with a rate of 4.3%. 

Like "No water beds or aquariums."