All of the properties are held in a revocable trust that is in both of their names (meaning both the deceased spouse and living spouse).

This would protect your interest in the property.What your real concern is you need to be SURE of the  language of the Trust if it can be amended, is it a revocable trust or a irrevocable trust, who is POA for trust grantor, and what powers the POA has.

Furthermore he said the LLC should be controlled by a Revocable Living Trust, with myself as the controlling agent of that trust.

In law, there are aspects of specific and implied warranties, representations, guarantees, agency and consent, passing out written materials can cross lines if you are not familiar with these legal matters, it's somplace investors shouldn't go.

;-)so - we had an eviction scheduled -- the tenant moved out and ran to florida - it took a while - but we finally got them to court and negotiated a consent judgment for 50% with the agreement that they make monthly payments in the amount of $100 starting in November ------ duh --------- no payment ----- so as I understand it - there's no garnishment in florida ------- but I would like a referral for a collections attorney, please, if anyone can help me ---  thanks so much!!!

Bad idea for an investor to approach an owner of a listed property without consent trying to strike some deal.

A financed option can not be assigned without consent, the assignment is not the same as assigning an option that has underlying financing or a sale contract that is not financed or a Sub-to.   

EMD can not be released without consent by a seller prior to settlement.

In my mind, I thought that was a pretty fair compromise considering that the lease specifically said the tenant could not make repairs or changes first without prior written consent and that the lease stated that they needed to contact me by phone if there are any problems.But, my tenant is psychopath.

Request to be a colleague (mutual consent), or follow the member (automatic)Quote: Allows you to copy the post into your reply (it will be italicized).I hope that helps.