At first, I thought he was crazy and the numbers don't work for Cashflow purposes (I.e. 50% rule and 2% rule as guidelines), but the more I think about it, I'm thinking he may be on to something.

Evidence of renters insurance with animal liability coverage.Agreement to submit to DNA test for identification purposes. 

Consider opening the small dining room up to the kitchen, multi purpose for casual dining.

However, doing this  over and over again  will then show most likely that your partnership  is a sham for the purpose of circumventing agency and licensing laws, once or twice, okay, as a business model, no.Folks need to learn about business before trying to go into the real estate business!

We are a privately held company lending our own money for business purposes.  

Again, depends on your goals and purpose for doing it @Rob Grove!

Even though you bought the LLC for "State" purposes you do not want to absorb any federal tax liability of the previous owners.  

Larry H.The directors of the company - presumably yourself and your wife - would need to pass a resolution granting yourbeau-père) the authority to contract on behalf of the company (only) for the purpose of signing leases with tenants and to represent you in eviction hearings.  

It may even permit the government of the country in which your data resides access to your data for its own purposes.    

At the moment, for my own investment property financing purposes (not hers), I'm certain that our principle residence is counted by Fannie Mae guidelines because I am indeed on the title and the property is financed.Can I remove the principle residence from the count by quit claiming my interest to my wife?