If she will be buying the house, her name will be on the deed and all other documents, and of course she is ultimately responsible for the home. Will she be taking out a mortgage? If so, lenders may have different requirements (i.e. down payment, interest rates, etc.) for owners who are not planning to occupy the home. She would probably need to qualify for the mortgage without your income being counted.
If you want to ultimately own the home in your name, then you would need to set it up with an attorney. It might be something like a long-term lease-to-own arrangement, but the attorney should be able to tailor it to protect you both and hopefully prevent any misunderstandings within your family. Make sure you find an attorney who is experienced in real estate law.
Best of luck to you!
Kathy Walsh, RealtorÂ®
Keller Williams Heritage