Other considerations things to look at include; are any utilities common (like paying for a boiler for all 4 units instead of individual furnaces), how does access/common areas work, do the tenants all have access to laundry, are there any common area utilities (light common area lights, electric or gas for laundry) that would stay in the owner name.  

It is becoming a lot for the 80-year-old owners who are expecting greater costs in time and dollar (self managed).Is there any creative deal structure that can be used so that I can buy and occupy the home including the assumed improvements, repairs and maintenance, while allowing the seller to preserve the step-up tax shield for their descendants?  

I'm extremely familiar with this area.Property: 3 unit, all 2 bed/1bath (1 of the 3 units is not allowed as rental due to zoning.

Not sure if that is allowed or what the procedure looks like. 

After about 40 years of RE investing we (wife and I) have become good at it.Interesting Forum Thank you for the info.I’d like to ask a few questions maybe and give some input…some states allow you access (Maine) to the MLS, Texas does not.

This is achieved because the IRS allows deductions for interest paid on investments when the money is borrowed to do so.

Your lender may or may not allow you to sell the property (quitclaim) to your single owner LLC but you have to reveal who the owner is, that conflicts with the secret status plan.

State Filing Fees $102*Note at you can see in others posts discounts seem to depend on what services individuals get.

Correct, conventional financing now allows for 5% on a 2-4 unit property as long as you occupy a unit.

The new loan at a 5% interest rate would then pay off the seller's remaining balance, effectively transitioning your financing without additional down payment.It's also worth noting that some lenders might allow a "cash-out" refinance, where you could potentially take out more than the existing loan balance, given enough equity in the property, which could be used for further investments or improvements.