If he were to apply for medical benefits for care, his assets will be assessed and proceeds will be required to go toward his care before he can qualify.

(part time small time investor here) I am looking for a simple way to establish a great income stream for a few paid for properties without the hassle of renting.

Therefore pushover hahaha.I'm glad I'm the face of our establishment hahaha..

I worked one room at a time and established a system of sanding immediately upon arrival, mudding, then doing something else for the duration of my time.  

@Crystal Smith At the moment we work with several large, established sponsors and developers.  

I'd like to take action on some of the many things I've been researching lately.My goals for 2015 include: purchasing my first primary residence home, establishing the right business entity (LLC, corp?)

That way the investor can understand its not a deal, because it makes no sense or keep working at it (pen and paper) or another tool to establish something that does make sense.

This puts them at ease and helps us establish a positive relationship.

Account Closed There is a school of thought supported by some case law regarding raw land and 1031 exchange that as long as it remains raw land it is much easier for you to establish your intent to hold it as is for investment - even if you do some preliminary exploratory planning such as entitlement/renderings etc.Once you turn a shovel you are now seen as creating something that is construed as inventory.

That can backfire on you if you don't truly have a partner, your partnership needs to be established prior to contracting.