It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

I've been actively "toying" with my IRA to see how I can work stock investment and although I've had good returns it is not as good as REI claims to be.  

The house was Quit Claimed to the family member.

I'd be surprised if they approve it without some iron-clad documentation.Imagine that a few months from now, another heir, niece Nancy pops up out of nowhere and claims that you took unfair advantage of the family. 

(See below)1) 2-day notice (for a weekly agreement that's about to expire)2) 7-day notice (for a month-to-month agreement that's about to expire)3) 1-month notice (for an annual lease that's about to expire)From there, you will need to file for eviction in small claims court.Thanks and good luck!

For example, someone might kick the door in and the tenant claims that it "was that much easier to break in" because of the cracked window in the door.  

You get the credit, Fannie Mae allow full appraisal of the system and the loan is NOT attached to your mortgage or home by lien - there is a UCC1 filed on the equipment only.Leases/PPAs (Power Purchase Agreements) allow the solar company to claim the tax credit.

Wholesaling, perhaps, but certainly more difficult than the get-rich-quick gurus claim. 

This included a house going up in flames, a nightmare of an insurance claim and then eventually a 1031 exchange into a dream-of-a-student-rental house.

Claims were submitted to the insurer who denied them due to a policy exclusion.