I'm considering going heavy and buying above the average/ median home price and going with a Duplex or SFH (3 Bed /2 Bath) + 'Mother in Law Suite'.

Specifically:- What kind of organizational structure is best suited (LLC, nonprofit, etc)- How would you approach this from a tax standpoint (people are essentially giving 0% interest loans, so can't be tax deductible donations, but also likely no capital gains)- What issues would you foresee and what kinks are there to figure outAll ideas welcome!

I'm looking for a multi family or a single family with mother in law suite or similar structure that can be rented conventionally or as a short term rental.  

And, after six months, the noise and dense surrounding can be a bit tiring especially if you live close to Washington St and the Path station.If you rent for some time, you get to experience everything and if you like the city, you can pinpoint what buildings and what streets you like more or those that suit your tastes.   

I am also ok with a property with a MIL suite of something of the sort. 

Each person may be better suited for a different approach.

If you have a 3rd party management company, you can push the liability onto them and their insurance (if you can show that the matter at hand was part of their responsibility), but you will still be named in the suit.

I think once you build that trust in a client relationship you should just be able to send the sheet over and they can make an informed decision if it suits their investment needs right off the bat. 

If this doesn't suit you enough maybe a Zoom meeting. 

I came across a sfh with mother in law suite.