This is my current situation.

I've also been in a similar situation in the past and solved it with a wrap.

I would agree if we were talking about financial statements, but as I understand it, we are talking about tax basis reports.For tax purposes, one can use a modified cash basis when filing.

However, financial freedom isn’t a one-time event; it’s about sustaining your desired lifestyle for the rest of your life.Once you clarify your goals, the next decision is where to invest.Investment Market/CityThe most important investment decision you will make is where to invest.

When we got engaged, my wife didn't want roommates but was willing to do a two unit situation.2.

Without having much info, I would need to know the financial situation of the 'close family' to determine a best approach.

Your situation has quite a bit of nuance for sure.

With the limited access in Yardi, you won't be able to adjust account trees and create multiple customized financial statements. 

What should I pay attention to if i was to get a property in this situation through an auction?

Feel free to message me, I would be glad to give you my opinions on where I think a good market would be based on your financial situation.