But, we did not have to come out of pocket to cover any missed payments.Although renters  could have taken advantage of the situation and elected not to pay, our tenants appear not to be taking advantage of the situation.I am impressed by our tenants and am thinking of some small way to express our appreciation...perhaps a gift card during the holiday season.

Down payment gifts are allowed by fha, va and conventional loans.

Amortized over 30YRs | Instant Equity | Max Cash Flow/Mortgage Fee Sample Scenario4 unit property, purchase price $600,000, Rents per unit $2,500, $120,000 rehab, credit 720, ARV $760,000|6% allowable seller credit | all or a portion of Down Payment can be "gift funds"Total Cost (est.): $720,000Down Payment:  $25,200Loan Amount: $706,959Rate: 2.875%P&I: $2,933.12/mo.Property Taxes (2.5%): $1,250/mo.Mortgage Insurance: $500.76Home Insurance: $250/mo.4 units (renting 3 units): $7,500Carrying Cost: $8,367.76Owner's portion of mtg. payment: $867.76Instant Equity (est.): $40,000** I realize there are other costs to consider i.e. vacancy percentage, utilities, etc., but wanted to give an example to foster conversation. 

I have a property that was inherited by my dad and he wants to gift it to me.

We wrapped the closing costs into the purchase price as a 'gift' from the seller.

I don’t think of it as a comparison I think people just are all gifted different.

One of my family members is buying the house, 2 other family members are gifting 66% of the funds, from there after it closes we’re going to transfer the deed to the LLC where there will be 3 partners, in which we’ll need a partnership agreement setup.

@Joshua Stratton  As others have already point out, no, you cannot be on his closing disclosure/settlement statement as any sort of fiduciary or transaction broker, but if he values your "off-line counsel", there is nothing stopping him from writing you (Joshua Stratton) a check, gifting you merchandise, or giving you anything of value for reasons other than that transaction. 

To fill all the gift baskets you can give out with the money you save from the new energy efficient windows!

We didn’t want to trigger problems with the home mortgage when the lot was sold.So we gifted our relatives the down payment for the house, after wrapping some of the closing costs into the loan with seller concessions and ahigher sales price of 155K.