The smallest 3bdrm houses can fetch north of $400k when remodeled.  

You might as well get a 2 million umbrella policy, would probably be a better option and much more cost effective then the cost of creating an LLC, yearly renewal fees and yearly tax returns.

., there are no strings of any kind attached), there are no taxable income consequences to anyone because a true gift is not considered taxable income.If you want to do more than $14,000 you can explore gifting twice that amount if you are married and your spouse either gives funds, or you make an election to split gift with her which would require a gift tax return just to make the election.Beyond those amounts you might need to file a gift tax return, but with the the lifetime gifting limits over 5 million dollars you would likely not have any consequences other than a gift tax return filing assuming you have not gifted previously over the 5 million+ limitation.I don't believe Mass has a Gift Tax, but you can do a quick internet search to confirm that.  

There are an estimated 125.82 million homes in the US as of 2016.

We were doing 50-60 deals a year and I even got to work a $1.25 Million dollar portfolio deal.

I have 18 rental properties Free and Clear bringing in 18K a month and worth around $1.6 million.

Google a calendar of the events Daytona holds all year long and you will see why this city gets over 8 million visitors a year.

City of Atlanta is projected to grow from 470k to 1.2 million in 20 years.  

Here are the numbers I have from the seller:22 2 BR, 2 1 BR with 2 vacant needing rehab2 BR are at $495/m and 1 BR at 445/m currently100% occupancy would be $11,780/m or $141,360/yrExpenses:Garbage - $1356.80/m - $16,281.60/yrWater - $2800/m - $33,600/yr (I would most likely stop paying this and pass to tenants if bought)Taxes - $10,700/yrIns - $8660.64/yrVacancy 10% - $14,136/yrProp Mgmt 7% - $9895.20/yrNet Cap is 5% at a higher asking price of about a million; I am told I can get it for closer to $700k prior to listingAfter upgrades and increased rents to $850/2br and $650/1br, GMI increases to $20,000/m or $240,000/yrI've checked the rent comps and they seem accurate, but I also don't know where someone might fudge a little. 

The cost is 1.2 million - Yikes!