It would have been cheaper to buy him a bus ticket to the town of his choice, give him some cash for his vacation and bid him farewell....although from the sounds of it, this guy would have preferred to continue on right where he was...there is often no way to reason with mental illness, drugs or just plain stupidity.

@Adam F yeah definitely was NOT on my career choice list. not hard feelings for my dad as he was doing what he could to take care of his family, but I would never take a job I had to be away like that unless it was last option.

Getting my Real estate license I feel is the obvious choice for my long term goals.

Also the #46 on the prelim exclusion saying : """any invalidity or defect in the title of the vestees in the event that the trust refereed to herein is invalid or fails to grant sufficient powers to the trustee(s) or i the even there is a lack of compliance with the terms and provisions of the trust instrument.

In general I think any time is a great time to buy if you have access to sufficient non-MLS deal flow and know how to evaluate opportunities for given product types in a given area.

As to same or separate lenders it is a personal choice.

Around 400 inspections as per year as well.I am buying this home as a rental for the next 3 years (we will be moving there once I get the job transfer), but since I am purchasing this long-distance, I am a little worried about making the right choice on this.Who would you pick?

You do not want to invest actively in (1), or even make a passive investment in an operating business, or you will hit the UBIT tax (steeply progressive, uses trust tax tables, and hits 39.6% at less than $12k of annual income) Here is a paper on ROBS, though I assume you are just wanting to invest passively (rentals, notes, loans) and a Solo 401k is probably sufficient.

Personally I am also looking for ideas or just links to posts about determining whether selling or continuing to rent is the smarter choice for the unit.Thanks so much.

Let everyone know exactly what happened and ask them to make a choice.