With that in place, you can offer the seller more than their asking price, you can offer them a deal that works like a long term annuity, you can offer it as retirement income (think second social security check for 30+ years)  You can even offer to send their family on annual vacations or pay for a college rental for their children. the only limit n this technique is your own creativity. 

If I Choose to run the business under my personal Social Security would the only drawback be the liability of potentially getting sued?

I'm wanting to tread lightly, as I'm reading a lot of articles about how legally you cannot use utility shut offs as a means for forcing out a tenant...so I don't want that to be the implication here given they are being evicted!

For example, I won't bill my full time talking on the phone when we spend half of it socializing. 

Cost benefits, Legal implications, Speed on closing deals etc...

We’re trying to figure out all the implications and do it in a smart way

I think at this point they are going to do a cash-out refinance on both properties, but now we have to figure out what needs to be done to transfer the money to us without huge tax implications, or how that all works!! 

What are the implications if I do? 

-The move in / check in sheet-Tenant info-Security deposit -Prorated rentJust wanna make sure I cover my bases and dont have any suprises at closing. also if anyone is looking to link up in Milwaukee and discuss real estate I'm really trying to expand my social circle and would love to meet up!

Would my retired mother,(65 and mobile lol) living off social security and 401k savings be able to get a home loan?