The policies are also distinct for long-term versus short-term rental properties.It is worth checking with your original insurer to see what kind of policy would be needed overall (both units).

Because there are newbies on BP who look to these kind of posts and feel they're inadequate...or who go and dive into dangerous deals in hopes of replicating this and end up getting scammed.If it's too good to be true,it probably is.I'm not a hater,I just like being the gentle voice of reason/caution in the midst of rabid euphoria.If it's a real deal,more power to him.But we don't know that until he gets back on his own thread and provides some meat on the bone.

Agree with you that a disinterested natural person trustee may be dangerous. 

These situations can escalate into dangerous problems, so use caution.

CDanger Will Robinson, Danger! 

Judges will also then give you no slack in a suit b/c it's clear you knew there was a danger to your tenants.

Ask the seller to refinance the property with a one time assumption agreement with the lender - assume the loan - seller gets his cash and you get a nothing down deal.Hard money is OK (but dangerous and expensive) and so is creative financing - you'll know what is best, every deal is different - now go play the real estate game and have fund while learning and profiting - always make full disclosures and don't be greedy ---!

Her kids (and her) are in a potentially dangerous situation and your first duty as a human is to not make that worse while dealing with it.

Sorry I did not make that distinction in pre previous post..

SF LA SD and places like Cleveland are extremely dangerous filthy cesspools.