He could no document any income; it was all under the table or "in his daughter's account". 

Hope to see you at the closing table. 

But it means you'll have to go to the settlement table with cash.  

While doing the math, start with your agent giving, say, 1% to their broker - the broker is the one taking the legal risk.Then assume the total buyers commission is 2% or 2.5% on that $1M house - that's more typical here.Now, think about how much experience you want helping you with your purchase - someone who's closed 500 deals in your area probably brings a tad more to the table (and won't work under your proposed structure) than someone who hasn't specialized and is new.IMHO, your mindset isn't worth it on the buyers side.

You're talking about the Green Mountain area?

I'm pretty well-off, so if I want to give an older disabled lady a break on a month's rent before she has to leave the home she's lived in for 21 years, it's not really creating any danger that my kids will go without food or college tuition or tickets to Star Wars or anything.I'm really just trying to be cautious and see if there is any legal ramification I'm not considering that makes it a bad idea to give them a 1-month lease.When I start talking like this my mother would tell me to "kick the table" and get mad.   

When an investor or company puts time and energy into building a relationship with me and brings something to the table, values my time and shows me there can be a win-win for both of us, I am going to pour a lot more than just a 15 minute CMA into that relationship.  

I am never borrowing more than my total appreciation gains.Having paid off houses ensures that you will die with money on the table. 

I have a few partnerships, most are split about 50/50 with some variables depending on what each party brings to the table. 

With the solid credit quality you bring to the table, I am sure there is a local Bank that would like to have a business relationship with you.