It is super important that you are very knowledgeable about your state landlord and tenant laws, to best prepare yourself for how to conduct your communications, and the essential do's and dont's that will save you in legal fee's if there is a simple mistake made. 

It's legal for passive investors to have voting rights and power in the deal. 

There are a ton of resources here on the forum so I would read up.Next you want to make sure STRs are legal in your area.

They have legal counsel already so I know they have had some guidance already which is why it’s empty.Thanks, appreciate any thoughts.

Of course I keep entities separate in all legal and financial aspects. 

Within those detailed reviews, we have accumulated a long list of legal entities and people who have received funds that don't seem to align with the business of Mobile Homes.

I also reduced a lot of the soft expenses (office, accounting/legal).

i am not lawyer no legal advice but if he has overstayed it makes it easier, he is not under lease as if lease end date.

The not normal properties such as those with no legal easement to access get redeemed at a much lower rate than normal properties.   

Hello All,I have been investing for the last 4 years in real estate and am on the way to purchasing my 3rd property (a flip :)I am having a hard time knowing how I should organize my incomes, expenses, taxes, ect for easy bookeeping, to help keep everything separate legally, & to produce income on the money sitting in the accounts.I can only explain my ideal thoughts in a graphic design so i will include that here:Does this make sense in order to maximize profits & keep things organized?