Your father-in-law will have to file a gift tax return with the IRS, but there should be no tax due for the gift at this point (that will depend upon the estate tax exclusion at the time of his death). 

Im thinking it may have to be widened or something if they arnt considering the rock driveway next to house to be a driveway (3 beds equal 3 parking spaces).

Purchase price: $366,000 Cash invested: $87,000 House Hacking / Live in Flip / New ConstructionAsking Price: $370,000Main House Rehab: $12,000VA Loan 0% downPITI: $2080Main House Rent: $4000* ATTACHED 615 SQFT ADU BUILD (OWNER BUILDER) *2 Bed 1 Bath, Washer & Dryer, LARGE Private yard and Entry.Grand Total Cost to Build: $50,000 (Plans, Permits, Construction, Fees, Etc.)ADU Rent: $ 2100* 488 SQFT JADU (GARAGE CONVERSION) (OWNER BUILDER) *1 Bed 1 Bath, Grand Total Cost to Build: $25,000 JADU Rent: $1500 What made you interested in investing in this type of deal?

She offered to seller finance the house she is selling (2 bed, 2 bath) listed for 285k right now. 

Purchase price: $187,000 Cash invested: $40,000 Sale price: $250,000 3 bed 1 1/2 baths.

As for the rent, according to Rentometer, there are currently identical apartments (same bed and bath count and square footage) in the same complex being rented out for $1,650 a month, so I think $1,500 is a bit below market price.

Purchase price: $380,000 Cash invested: $276,000 Contributors: Sarah Zierer This is our break into “large” commercial real estate with 8 units, 4 One Bed & 4 Two Bed units.

For example, if it is a 3 bed / 2 bath single family home in Chattanooga, Tennessee, then do a search for those types of properties. 

In legal terms it is an estate in real property that ends at death when ownership of the property may revert to the original owner, or it may pass to another person.

Hypothetical question but also a possible reality depending on whether the current owner is willing to sell.What would happen if the current owner of apartment A passes while we're in an owner financing situation?  Th...