This also impacts the kind of tenants you can get to some degree. 

I think it would work better as an active forced appreciation play shorter term than a passive cash flow play longer term.

It sounds like it's having a positive impact on a few people on this thread.

Sherwin, I think your question is veering a little in the legal area but as a layperson (not an attorney) who also doesn't know the specifics of you and your dad's situation, if I understand you correctly your dad wants to help you and is willing to be responsible for the mortgage while you would own the property.Aside from getting your father a very well deserved Father's Day present, you should know that if you try to buy the property in the name of an LLC or trust then you will be forced to get a commercial loan which in my limited experience usually does not mean a fixed interest rate for the life of the loan (i.e., it will adjust periodically).If you're looking for a fixed rate residential loan, you'll probably have to close in your name and the mortgage will also have to be in your name BUT I believe your father may still be able to assist by co-signing the loan application and mortgage.

How do you find deals like this one in SoCal that don't involve the use of physical force lool?!?

Good simple explanation and example of RUBS.http://www.accurateutility.com/rubs.htmlThe beauty of moving to RUBS is the "forced appreciation" w/this move.  

Also, if the house has a forced air furnace or central air, it runs the air from the lowest level to the highest levels on a regular basis, Increasing the levels upstairs. 

When you raise rent you force appreciation to a degree. 

I don't think it costs more and will not impact your title insurance policy.

I want to work as an independent agent as I am interested in Investment properties in both New York and Georgia but do not want to be forced in to an office.Advice is appreciated