There are two different issues at play - the titling and ownership of everything is more of a legal liability issue.It is possible to still have a tax partnership just with execution of a JV agreement, even if there is no formal LLC in place. 

Finally, play the long game.

My long term goal at the end of my investment journey is to enjoy the journey, play the long game, and  have enough income from my investments that keeps my family well and financially independent.

At this point you have to play the hand you were dealt.For what it's worth, the city isn't in the habit of demolishing habitable buildings in good condition.  

Can play the game in the past, you must look forward.

The skill it takes to play the game has increased enough to stop a lot of that so NAR and the mega brokerages are going to have a lot less folks to get those fees from.

If your plans depend on selling this new, smaller rental for a profit that's a big risk.Now, if you can buy something that needs work, do the work and force some appreciation... that's a much smarter play. The

This is a tough question to answer because there are many variables that come into play. The

U can play the game with them if you like.. but send no money up front and do not send in your real SSI # or real Bank info..

I've heard a lot of old timers also say they've never seen anyone play the market and have long term success.