For instance my 90 lot subdivision at one point I had 90 legal descriptions and parcels on one master deed.. as I sold them off we just deeded them out separately.. its super common especially in older platted cities were lots might have been small like 25 X 100 and someone bought 3 of them and then built one home on all three.. some places they force merge them others you can go back and recreate the Old lots of record.. there is millions upon millions made by those that know how to find shadow plats and bring to life underlying parcels.

We also are very verse on the Property Code Laws of what legally we must do and what is just good business.So @Ian McClure to answer your question, it would depend on how the new tenant was on boarded and what kind of business the owner runs concerning his property

With the LLC my mom just “does business as” my LLC because I trusted her but I also got her to do that because the legal age in Alabama (where i’m from) is 19.

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.

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.

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

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