@Nate Burnett It would be interesting to see if the light rails actually improved property values.

The considerations to an option granting a optionee (buyer) with the use of a location, amenities, perhaps the potential of changing zoning or making improvements where a property may later be sold at a higher price. 

Hey guys, I'm looking to invest some money into improving my rental property so that I can charge a higher rental rate.

She should also have all her kids on her bank account as joint tenants,,,if she trusts all,,,then it passes as well. 

(Goes to Long Term capital gains rate which I think is 15%) I think your tax now would be calculated by taking your net selling price less your payment price and adding any capital improvements (which I didn't see any of those).It should be taxed at the owners, sellers income rate. 

He is not doing joint venture.

good to have you here @Thomas FranklinIn additition, study Joint Venture Partnerships and Private IRA Lenders.

I know that if there are multiple tenant's  then they are jointly and severely responsible.  

Technically no, because most RE law and taxation is done at State level.What (I hope) he will improve is the economic climate.

Frustrated with the system and the homeless rates of former foster youth, I developed my own program to improve those outcomes.