For example, do you already own your own residence? 

@Brooke Roundy as much as we'd like to assist another investor to succeed in our Detroit market, you're probably better off staying in the Cleveland market until you expand enough or decide to leave the Cleveland market.Also, be careful of posters here offering to assist you - many of them aren't transparent that their real motives are to sell you something!

Investment Info:Single-family residence fix & flip investment in Chaffee.

I'd be super careful about using Facebook groups...there are a ton of people who will lie and say they are a buyer, but they are just trying to daisychain it.

Investment Info:Single-family residence buy & hold investment.

However, the question we have is, if she assumes the mortgage and her mom unexpectedly goes into care, can the government force us to sell if it occurs in the five-year window?

There are some other options out there that may be better for your goals, especially if you want to reduce liability through borrowing within an LLC or keep conventional options open for buying personal residences in the future. 

Investment Info:Single-family residence fix & flip investment.

Hi Nate,You can ammend your taxes going back 3 yrs.If it wasn't your primary residence over the last 3 years than you should be able to treat it as rental and recoup expenses. 

Be careful.