My understanding is these transfer to the designated POD person without any tax implications.

How will you make spending decisions or design decisions?

I give free estimates , I dont give free designs , I dont spend hours on a bid from people that are so vague , or who are unrealistic .

The Seller Carry definitely sounds like the best solution for you.Here's the thing, if he just wants a monthly paycheck and he has penciled out what he wants for the next 10-30years off the property it becomes easy for you to design a great seller carry situation.

But they were predominantly used in land deals not many for homes until it became popular through the guru circuit.

Absolutely agreed...in fact, we tried out best to design the house in a way that would maximize appraisal while reducing building costs...mostly by playing around with the above grade versus the below grade square footage and finishing just enough of the basement to get appraisal credit.The question was more from a "what do lay-people generally mean when they say/hear square footage" standpoint...or even what do builders mean when they use the term.I'm fairly certain there's no "right" answer...everyone will have their own opinion...I'm just trying to form mine... :-)

Therefore, the designation of "Non Owner Occupied" doesn't make sense.

We did turn down the lady with 10 crated dogs, even though my husband saw dollar signs, LOL.I would recommend that anytime you are renting to unmarried adults that you designate the strongest tenant as the primary.

@Jose Figueroa I look at these shows from the perspective of someone looking to learn more about the design elements.

on one hand you are showing me the independent contractor agreement that specifies that the guy is not your employee but on the other hand you are using insurance product specifically designed for employers"  that question might come during any employee/employer related lawsuit about overtime or SS premiums not being paid.