Do you have your pre-rent move-in photos and property condition checklist ready?

Besides, there's a 5-year look back with respect to "Medicare planning," so your relative will be 77 before she can legitimately hide her assets.

We are not trying to find out exactly what the limits of the law are in terms of what we are supposed to do, but rather just want to be fair to the tenant and keep a respectively relationship. 

Take plenty of photos to establish the quality and quantity of items being set out.

I have a couple that are $40 and $75 respectively. 

Traditional FannieMae/FreddieMac programs are actually 15% down/20% down respectively, on a duplex that is your primary, and 20% down if it is an investment.

We will say your RE task is $3500, your wage tax for the year is $900, and you pay $500 for trash collection within that same year.Philly = $1375Burbs = $4900Burb numbers are a guess on part with respect to wage tax and trash but I am willing to bet I am not too far off.  

Dear BP,my RE attorney would act as Trustee but he doesn't feel comfortable enough to set up a trust deed etc. for a land trust which would own an (existing) LLC as he's never done that before.The US States involved with respect to the real estate are currently CA and UT but this could easily expand to other parts of CONUS.

Much respect for having the vision and balls to pursue those types of properties.

Document with photos.