You could incure thousands in expenses before you can put a tenant in who will honor your lease.It is very possible that this tenant has been a royal pain for the seller who just did not disclose to you the issues. 

You should definitely consult with a Real Estate attorney such as @Jason Marino with Royal Legal Solutions who sets up entity structures.  

Royal Oak being the "class A" area.

Its a great time to come back to KC (Go Royals!)

I have been interested in investing in Real Estate, I am now in a situation that may be the right time, but a bit out of the ordinary,I live in North Carolina, I have mortgage on my house, with the passing of my mother I am now 50% owner of a house in Royal Oak, MiMy disabled brother lives in the house and will stay until he passes, I manage the house including all bills, repairs, and taxes, he does not pay rent and is not expected to do so, so my question is should I consider this a real estate investment even though there is no purchase or rent, can this be a tax advantage? 

It is about a mile or so from the Chiefs and Royals stadiums.

I used to use Royal Savings bank in Chicago as they were great to work with and did 80% LTV on 5+ unit apartment deals.

@Stu Wann - I just hired Marvin @ Royal Property Management‬ for a 4 plex in Mobile.

I was born at William Beaumont in Royal Oak .. and have lived all over the state when I was younger.

It makes zero sense to me that an iPad app hasn't been created- I tried the iPhone app on the iPad and it's a royal mess.