I was born & raised here and it’s getting expensive.

Do I have no choice but  to  pay expensive attorney fees to get this done, as I do not live in PA but here in TX.  

Your tenant should be subsidizing your housing expense at the very least, not the other way around. 

@River Sava I have looked at Somerville and really like the opportunity there but it's more expensive than I think the other people investing with me would be willing to participate in for a 1st flip.

Looking forward to being a part of this vibrant community.Best,JorgeHi Jorge, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.

Someone will lend at a 33% LTV.All of this said, it sounds like the Trustee would actually like to say invested somehow.Option 2, put the house in a trust or LLC and let the rent be divided amongst the grandchildren:-All grandchildren remain owners of the property and the monthly income of $1,500(minus expenses) is split amongst the 6 grandchildren.I will warn that option 2 is more likely to result in long-term drama and likely some anamosity among the family members. 

@Dave Kush  for tub shower combo a curtain is better, less expensive, less maintenance.

I have as many accounts as I need and CC's for my expenses.

Right now I have all expenses (utilities, material, labor, interest loan payments, insurance) posting to the WIP account. 

Money at 8 pct and low downpayment is good.