I have not heard one positive story from anyone about buying property from LRA.

It's a lot easier to invest if you are starting from a strong financial position.

Force yourself into uncomfortable positions so you can get comfortable. 

We’re in a similar position as yours.

I have heard all kinds of positive/negative things from people around this town about his family as professionals.

However, this person would likely want the existing equity and/or monthly cash flow out of the situation - leaving you in a worse equity position, and possibly with a higher cost of living monthly to stay in this home. 

I manage the property and make a salary or commission (I hate this idea).Something else I didn't think of.

Then you talk about getting a team together, then oh, you have partners, and ask how should you set up your business.Full time is way off, unless you expect your partners to pay you a salary.  

Underwriter took the position that it looked like dad-in-law might be dummying up paystubs (or giving him a giant and real, but temporary, pay increase) to get his daughter and her husband out of the basement, and refused to use anything but the lower number that was on tax returns for husband's income calculation.

Then we change position all with in a few weeks.