Ultimately, it pays to be aware of the risks associated with these types of transactions and to make sure you do your due diligence before entering into any agreement.

Sam Grooms I'm not aware of a Daniel being in my family but hey, who knows!

Any recommendations as to what we should be aware of?

I am aware that I will need zoning permits from the city and will have to split meters, etc. 

If so make sure you aware of the due on sale clause (assuming it’s conventional)Are you funding these with a heloc, cash out refinance or just straight cash?

The owner (a family member) is aware of the risks, but is interested in helping me expand my business.

. #3 - Notify my insurance company of this policy so in the event there is damage to a visitor's car, they are aware of the policy and will deny any claim against them for damage to a guest's vehicleI'd like to hear from those of you in MA who have had similar situations with damage to vehicles from falling ice and how you have made changes to your policies to limit your insurance exposure. 

@Peter MacKercher  The owner has been aware the whole time, and has signed the addendum as well.I have manged student housing a for 8 years and have never had to evict anyone, usually we can calm things down to be bearable, but I have never had to deal with safety concerns like this and am wondering if this can be an immediate terms for eviction.

Buyers be very aware these days 9 times out of 10 your dealing with somebody who has been taught to lie to steal your money.

It also sounds like you're very aware of the path that you need to take, and in my view, are taking very good steps to get there.