It is obviously much more complicated than that but you get the gist.I am a big proponent of HELOCs because you can use the money over and over again without having to ask a bank or someone else "mother may I".

TLDR: $750k house in best part of town on a $140k single person salary, with a $2500 mother-in-law suit and 2 extra airbnb rooms. 

Suppose a single mother with two small children wanted to rent it. 

The police have contacted her mother who drove through the night to get here from out of state to pick up my tenant's 9 year old child. 

The house has an attached mother-in-law in the back  end. 

I have an inquiry about a 2BR from a family consisting of a woman, her son, boyfriend and mother.

This was the response in her email :"My situation is unique, my mother takes care of the rent (god bless her heart for real!)

It' actually in his father's Trust that his mother is holding at the present time.

A tenant has indicated she wants out of her lease early due to her mother's failing health. 

This year, my grandparents wanted to sell their home with the intentions to use the proceeds to purchase a new home and put the left over money in a trust to pass down to my mother and her sister.