I'm not going to get into the issues of marriage, that can muddy the waters in real estate, but allowing such ownership with a non-spousal relationship can lead to real problems!

In order to get an accurate picture you need to calculate additional costs into the ownership of the note.

I don't know what you plan on doing with tenant rents when you take ownership, but I'd advise against immediately raising rents or doing anything drastic.

Ownership will be yourself and anyone else... and you will be a members of the LLC.

You can certainly sell your equitable interest, but an equitable interest does not constitute ownership.

If you can find a neighborhood that has a long track record of ownership or renters and is desirable by many, with some but not a lot of availability, and whose condo association and fees are reasonable then you should have some success.

Doing a refi based on a new appraisal often takes a year's ownership.

To do title search, is it reliable if I just pay the private online website to get the ownership info?

So from this perspective, it might not be permitted.But I also agree with those above who already said that: If they couldn't pay for their housing expense when they had ownership, then why would you expect them to pay for housing when they no longer have ownership?

This smacks of self-dealing.JeffThere is more then 1 way to skin a cat Jeff.First off, there are different ways of organizing and each has different ways of establishing ownership and so on.