Which means you’re probably committing mortgage fraud if you don’t disclose this to your bank.So long story short the actual best solution to protect your parents money is not use it at all.

Even the search engines are identical with the same results based on criteria.

Roof has 30 year life, paint has shorter life.Let’s say two identical SFR, one in Tier 1 city rented for $3600, whereas another in Tier 3 city rented for $1200.

I have never been audited and quite naively do not fear the IRS as whatever i do would be a simple mistake with small amounts and not consitute fraud so if i dont get everything right i can sleep at night as i will just correct anything they want and may actually benefit from those mistakes.  

Even if its a good deal, your next buyer is going to have identical issues.I'd just bite the bullet and pay to pave the entire thing.

Also (and I’m surprised I have to give this advice) don’t commit fraud as was suggested above. 

If you ever have to file for eviction, or an insurance claim that ends up in court, you may run into trouble with the court and having the identity questioned. 

I'm not a CPA but I have a damn good one and for the vast majority of STR hosts out there short term rental income is taxed identical to any other rental income and is considered a passive income (Sch.

In the last Congress, a bill (H.R. 6500) was introduced by Representative Jerry Nadler (D-NY) to amend the Fair Housing Act to prohibit discrimination on the basis of sexual orientation, gender identity, source of income or marital status.

You may be looking at some fraud issues, as it should be...loaning $75 K, with an owner signing a note for $130k.