Be sure to consult with an attorney to review & discuss.

It could be a gift from family, or money that you have saved.I would suggest getting a part time job now, then transitioning to full time once you're done with school so you have work history to qualify for a loan. 

I suggested, he reach out to Floridacentral Credit Union that his mother has used for years and apply for a refi loan.

I've spoken to her and her references and everything is checking out, but I'm just trying to do my due diligence and thought I'd ask for suggestions.

Thoughts and suggestions are welcome.

There are a few things I could suggest to focus on as you start out:1) what’s your goal?

Then have it reviewed by CPA or Tax attorney for tax impact questions

Like Austin said, I always suggest house hacking first.

I'm not an attorney but, my suggestion is to have both parties write out what their roles, responsibilities & expectations.

My flipper friend suggested I go there tomorrow with his contractor to ensure I am in good hands.