Disregard any "do not trespass, blah, blah, blah".

You should disregard the advise here. 

Based on our research, it seems like more of an auction format, so we are concerned that if our initial offer is too low, it will be completely disregarded and we will not have a chance to increase it if there are higher offers present at the end of the offer period.Can anyone give us a general timeline of the HUD home process?

I then do the investment allocation disregarding things like personal residence and accidental rental, just AUM/investable assets held away(like current employer ERISA plans).

If that is not correct just disregard what I'm about to say.

I am no attorney, but I would think you could form a single-member (disregarded ) LLC.

If the property really wasn't yours and you were more of a nominee/agent with your name on all the legal documentation on behalf of your parents, in all likelihood if the IRS audited you and had all the facts, they would probably disregard the legal ownership and treat your parents as the true owners for US tax purposes.Even if it was a gift, gifts are not subject to income tax but would be includable in your estate and since your non-US person parents were gifting US real estate, they would be subject to US gift tax on the excess of the gift above the annual exclusion (15k I believe).

The health care system needs reformed to lower rates and disregard pre-existing conditions.

The reason I say this is you already have the property in an LLC and you can easily create a mortgage with what is currently owed even if you choose to pay it off.You can loan your LLC the money to pay it off and it can pay you interest; however, if your LLC is treated as a disregarded entity and is on your Schedule E of your tax return there is no point in charging it interest.There is no point unless the LLC holding the property is taxed as a C-corporation.A Quit claim deed is for transferring a property from one name to another.

We always let the tenant know at signing that a prior landlord is giving poor references, though, and if they behave in a way to get a poor one from us as well, their future housing options will be limited.Tenants will say and agree to anything to get moved in then will disregard all the previous agreements and discussions at move out.