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Reply to "Buying housing for in-laws"
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[quote=Anonymous]You're on the hook for maintaining YOUR investment. It needs to have good resale value down the road, so you need to do your due diligence before you buy. Public transport options and good public schools are the two major criteria for housing to keep its value over time. It should also be handicap-accessible as much as possible. Also, what's the plan for when they need help? Medicare home? Who is paying for an aide at home? Just be reasonable about how much you can take on, and what additional costs may happen down the road.[/quote]
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