People with 800 credit score will call to complain if the neighbors dog is barking, haha.As far as how bad tenants find a place to live, they keep applying until someone accepts them.

Buyers run away from those properties as they accept reduced returns for being PASSIVE.

Pick his brains as to why he accepted/passed on deals and on tenants.

I listen to the bigger pockets podcast while driving to work and wish I could go to the beach instead of sitting in LA traffic. personal balance sheet as of 9/14/2021assets                                           liabilities                             bank:$1617.95                              car loan:$10,555.00               savings:$14,284.36                        credit card debt:$159.63emergency fund:$840                    student loans:$0 cash:$113.14 trading account:$1775.10coin jar: $18.75credit available:$6,000 income statement Average income:$2100Average expense:$1875savings rate:$225 social security number 802 00 1031,  just kidding haha what would you do if you had my financial strengths and weaknesses.

I was just shy of that in liquid investment assets at the time so I offered $35k and they accepted.

I am very familiar with genes program however in the state of Virginia becoming an assisted living facility is asking to be harassed by the department of social services. so I do not want to provide care for seniors.

I also would get applicants that don't have a social security number or have no credit at all.

So now literally talking about 1 month to close it and lenders many not accepting closing by years end as pushing newer applications and loans early in process to close next year.Maybe you could try short term owner finance to close the sale out this year if it is for tax purposes and then simultaneously run the loan process and take out the seller finance note once the lender loan comes into place.No legal or tax advice given.  

I do understand that the gift implies no re-payment what so ever and will be sure to make that crystal clear before I were to accept any type of gift.I consider myself extremely fortunate to have a family member who would be so generous to even consider gifting any money at all.

If so, does anyone have an acceptable form?