As long as you are in the same industry then the 6 month rule applies.

You can’t have any store front/commercial involved with an fha.

For off-market commercial deals, it's very common for there not to be a buyer broker involved, and if there is one involved, it's common for the buyer to be paying for it out-of-pocket.After the CRE broker gets the listing agreement, they will shop it directly to their exclusive list of investors.

If she went to Assisted Living - I can help you but it's only KS Specific - each state is different but I'm guessing some of the guidelines carry across states in regards to how she will pay for the ALF and eligibility for Medicaid and Home and Community Based Services (which is a medicaid program that would help pay for ALF)Anyways in KS - in for someone to qualify for HCBS/Medicaid to help pay for their care either in the  home or assisted living - you need to have less than $2k in assets - and consistently less than $2k in the bank - there is also something called a 5 year lookback period - I do not 100% understand how the lookback period works but will soon enough.So - as far as the assets are concerned - if your friends mother has the house and any savings there is no way the govt will be paying for most of her stay in ALF - and I also think it would be difficult to house her in an ALF facility for $3k per month - can be done but tough - Due to no estate planning the family needs to decide on what they are going to do - they will either need to sell the house now and just pay her money down at the private pay rate in a facility until she "runs out of money" then apply for Medicaid and go from there or see if the strategy of renting the house with her present income will be enough to cover the facility she's staying at.Individually the systems are simple however there are so many moving parts to Medicaid HCBS I've discovered in my time as owner of a facility I can 100% understand the families frustrations. 

But the market for those folks is small in my area, plus this would involve a lot of tenant turnover.Another thought, of course, is to divide the house up into more units.

Hey BP - been listening for years but it's time to get involved! 

Or does that access only applies to the landlord not to contractors?  

I've seen more that one addition where the proper repair involves a bulldozer.

Specifics such as do you all setup an LLC between each other, simple partnership paperwork, etc. and if you go for funding is it easy to apply with 3 or 4 people on it ?

BP Rewards are applied nudge theory (I enjoy getting them also).