So I said yes.After receiving and reviewing the policy documents, I found that the insurer (Fortegra Speciality Insurance) is a surplus lines carrier, which makes me a little uncomfortable.

I own a small (72 unit) multi family in OKC and have seen vacancies go up and we have had to start increasing specials and extra items to attract quality residents to fill unit. 

In my market, the typical type of deed uses is a Special Warranty deed where you are guaranteeing only title issues that came into existence during your ownership.

But don’t lose hope—there are lenders out there who specialize in working with investors and understand the nuances of rental income.

Hi Edgar, in your specific case, the thing that scares most is that is a very old building with HOA and risk on future special assessment. 

When it comes to refinance, you either will have to secure the appropriate zoning or obtain a special use permit to comply with local ordinances.

Contact a lawyer to specializes in elderly or people with memory issues and ask them what their thoughts are.As for why the property was sold, that is a decision up to your mom and whoever she gave power of attorney to. 

For example, if the legal name of the LLC is MY COMPANY, LLC, a Texas limited liability company, then the legal name used for the EIN application is MY COMPANY LLC [notice the comma was omitted on the EIN application as IRS.gov does not permit the use of special characters).

In our case, we are in a market with lots of young professionals and military (engineers, accountants, service members).

I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.