In reality she can make more by working in our business that she owns part of than working in someone else’s business..

Why not go buy a new one and not mess with the potential tax issues for you and transfers etc? 

Can you consider somewhere else?

We use a 3rd party company that specializes in only property management trust accounting (nothing else), and they reconcile the bank account every single day.

If a man lies about his name, how long he has been in business, and the very nature of his business, what else is he lying about? 

Quote from @Sharad Bagri: For a general partnership (without the LLC), that will invest in real estate in Ohio, what kind of bank account can we open, like checking, saving or anything else?

Everything else is fluff.  

Then you also have it for the cleaners as needed.Then I would schedule some time for you to head over and do a full deep clean on the carpets yearly if they don't get messed up in between.

Make them pay until the unit gets rented to someone else?

Thank you for asking because I believe my story can help someone else.