The accounting requirement now hinges on the intent of a sale, if the intent is to sell or purchase, the accounting must recognize the transaction as a sale or an installment sale.

I have about 1.5% edge over the house, so if I play 200,000 hands of blackjack this year with an average bet of $100, I should earn about $300K this year." 

You bet!  

If you rent to them you are betting that a) they are good money managers and b) that they finally will get a job when the money runs out, as it inevitably will if they plan to use the inheritance to pay current bills. 

@Queen Sheba Owusu-Hassan – I bet there are great gems in Baltimore!

I bet after the first time you go, you'll be there every month.

IMO Denton, Corinth, Lake Dallas (All north of Lewisville Lake) and then North Fort Worth around Speedway and Alliance Airport are areas that are still affordable and good deals can be found along with a safe bet for continued appreciation.

So i think your best bet would be to use a broker, but never hurts to ask some wholesalers out there if anything is available.  

We own a fourplex in Windsor, partly betting that Detroit would come back.

While I'm not certain what the exact cut-off is that technically classifies a babysitter from a daycare service, I'm willing to bet that a friend of the tenant staying with her daughter to watch both children while the tenant is at work won't check enough boxes to convince a judge/jury to rule in your favor here.With that said, I always recommend calling your insurance provider and ask how THEY view arrangements like this and what liability it may be imposing upon you.