So once that is completed, I will seek umbrella insurance.

I agree that most landlords aren't going to want give you any reason to seek a concession. 

Therefore, treatment will mirror your own personal residence (i.e. most expenses will be personal in nature and non-deductible).Any rent she does pay you is taxable in full with no deductions to offset.Then you contend with the gift tax issues.Generally not a good idea to rent to family, but if you do, make sure the rents are fair market. 

I get a fair amount of calls about Mobil homes with land leases and usually tell people we don't buy them. Does anyone specialize in Mobil homes. I can refer you these deals. Please contact me if you have interest.

Unfortunately I get many calls from the public asking this same question and seeking advice.

I am confident that the mountain-modern style I seek to design to will stand out from the competition in a positive way. 

I have a joint venture agreement I can send you that we use with our money partners, it can easily be adjusted for the terms you are seeking but it will get you on the right track as far as what you should be looking for.IF his numbers are correct, you are all it at 74%ARV and on such a small deal, that is really not a lot of room.

@Rudy TateI just got this from fundrise:Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid. 

Let me know if you would like to connect, if you are seeking advice, offering advice, or if you would like to discuss a business relationship.Thanks,Brian

Obviously it reduces the property value substantially.I certainly didn’t get any discount for it being condemned.Is there any route to go back to the title company or the listing agent and seek compensation?