Both you and your wife should take the time to schedule a session together with an asset protection attorney who knows Connecticut and New York law.Good Luck!

In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.

However, navigating the legal and financial complexities of Subto deals requires careful attention, so I’d recommend working with a real estate attorney to ensure everything is structured correctly.Securing private money for the closing is a smart move, but ensure your terms allow for flexibility in case of unexpected repairs or delays in cash flow.

Consulting with a real estate attorney or CPA is recommended.Good luck!

You should have called an eviction attorney immediately when she was late.

This is why you have an attorney review your contracts - so they keep you out of issues that could arise because of one-sided agreements.

One can barely foreclose in NY WITH an attorney.   

Core 4 consists of having a great realtor, contractor, property manager, and attorney. 

Sounds like you got the loan and attorney aspects down.

You should engage a property manager though for this property and if you think there are grounds for eviction I'd try to move on those with an attorney ASAP.