Plus is complicates a lot of issues, more documents needed for title, etc.Now they can do all those things, but most people are too cheap to do it correctly, and all these people telling you to do it yourself, probably don't know how to run the LLCs correctly to stay out of trouble.It's not all that complicated, but it does take some work and a good attorney will guide you thru all this. 

It is a little more complicated than recommending zip codes to invest in since Detroit is a very block by block marketplace.

I have been guilty of working in my business not working in the business and it has created unnecessary situations.

has to do with program and some the people over complicating it.

Currently, I find myself in a situation where a significant sum of my cash is held up due to complications between these entities.

Will it be very complicated to do a 1031 Exchange for my portion (provided that we relinquish the property and the sibling just receives the cash for her portion)?  

-Ana  Foreclosures in New York on average take years. since its a judicial state the courts will notice the foreclosure sale dates in the jurisdiction. so you can also check with courts/local sheriffs office That what I thought too but figure I would ask :( NY makes everything so complicated will definitely she local sheriffs office thank you!

or making it too complicated. 

If more than 3 years has passed since the rental license was last active it becomes more complicated.

I would love to have a conversation about my situation to ensure I’m adequately covered but not paying for anything unnecessary.