You need to be licensed to do property management in Ohio, so I'd really like to know how his "team" is handling property management for all of the countless investors he claims to be working with.

You seem extremely confident in your initial claims, take me up on it.Either way, I do appreciate the honest feed back on my posts from both of you, I understand that NY is one of the hardest markets to succeed in, but I am a firm believer in the Stockdale Paradox (Jim Collins, Good to Great).Best,-JonThis wasn't a back and forth.

Legally you can claim estoppel and latches as a defense as they let it go on for so many years and you relied on it when buying. 

Just regular ones.It sounds like the consensus is to just put up a second mailbox on the street and label them as A and B.

Just like you, she can do RE as a side gig and learn a lot more while she keeps her own nest egg going and her lendability strong with a regular job.You should loop her into a major document with all of the properties and all of the profit and loss and go through them one by one and talk about whether to sell or keep, and also base it on geography for her and your collective choice of management.

Once you have made contact, you will purchase the property or have them deed it to you through a quit claim deed subject to the liens.

Yes, my mom would pay rent; or rather, I would be paying it but for purposes of the analysis I'm just assuming a regular tenant.

Add to that when you put <20% down, you're going to have PMI on top of the regular mortgage payments.

You can also take the profit first approach and make sure you are taking profit out of your real estate on a regular basis to do with as you'd like.

We regularly update it.