@Evan Miller im looking at a deal like that right now, they have some back of a napkin financials and no T12. your best option is to make an offer based on what you have, just go at a price which make sense to you. add a clause that they have 10 days to provide you with the current Rent Roll, Financial statement Schedule E, Utilities bills, copy of the lease, deposits etc etc. 

I often find the Cities to be pretty helpful and knowledgeable regarding what is possible.This is on my bucket list as far as the zoning variance process is concerned. 

Text, e-mail, or a simple phone call it’s all about convenience and the quick ability to reach out and the fast response from both Client Relations Specialists.

If it is being reported on page 1 of Schedule E, they may question it since he isn't an owner of the property.

Credit unions have to have some sort of membership requirement as part of their charter, e g firefighters and their families who work in X area, residents of X county, etc.  

Awesome to e-meet you all!

That LLC is "disregarded" by the IRS and they look to you and your husband still as the tax payer for the property since all activity of the property is reported on your Schedule E. 

@Derrick E.

Not sure about your area though but here in South, FL it doesn't show up immediately so it's best if you have your R/E license and use an iMapp type software and it'll be more up to date with the accuracy of the sale.

We made the mistake of asking tenants what repairs needed to be made in their units and ended up with a pick list a mile long.