I am "on paper" and considered to be the owner.No rental money will be asked to be paid to me as the family member is paying the mortgage.

Do your deal analysis on paper.  

For example, I know of a deal in Reno, NV where all the records were still on paper, and the owners didn’t even know the rents people were paying.When I’m evaluating multifamily properties for clients around the Reno area, I calculate current, market, and proforma rents.

paper, The Milwaukee Urinal, who even posted video of the guy being picked up without incident at his home by the Waukesha Cty sheriffs after he was charged federally.

I'm a career bartender though that makes around 55k on paper.

@Chris Seveney I agree with your #3 for a few reasons1) housing expense as a % of income has been rising to well aboe long term levels.

Too many headaches for cash flow on paper (which is actually negative in reality) : stolen AC unit (thieves climbed a 7 ft fence), attempted break in (alarm scared intruder away), repair issues, winter weather (make sure someone turns up the heat on a vacant property).

You are building a plan on paper and paper can burn or blow away.

We know have all equity on paper in the new property to continue to scale.

Traditionally, the courts give a lot more weight to what actually happened over what is written on paper.