Leaving our basis at $487,000.

Surely they can’t just leave their stuff indefinitely, without returning, without living in the place and without paying rent and my mom just has to deal with it.

No need for anyone to ever know.Statistically you will never need or use it and in the very rare circumstance the need should arise you will be more concerned about covering your butt than pulling the trigger anyway.

I believe this approach is more cost effective from an installation and equipment standpoint.As far as heat pumps are concerned I thinks its highly dependent on what part of the state you are in. 

Seattle was once a ghost town with a big sign "Will the last person leaving Seattle please turn off the lights!"

Ill try to insert a link for analysis if anyone is interested in seeing it, very basic.What I am concerned about regarding finance is it tying up all my funds if I cant refinance to get the equity out within a few years.

My main concern was that there would be any possible way the irs could redeem the house without paying either the original purchaser or the LLC the amount paid at auction.

You are now losing money daily that you will likely never get back if your tennat is evicted or leaves.

Some people may balk at buying home with a ROW ON their land, but it seems less people have an issue buying a home that has a right of way TO their land.It's fairly common to have them in Maine so provided the road is in good shape and generally out of site of the house I wouldn't be concerned.  

The fact is that few deals will ever turn out to be ideal concerning multi residential properties.