Easily some of the best money I've spent.

She is an attorney so is able to easily fight the property taxes herself through the system without having to hire anyone else to help her but only has marginal success.

Some easily verified facts:- San Diego appreciation has been great - San Diego rent growth has been great- prop 13 protects against exorbitant property tax increases- San Diego has one of the lowest eviction rates in the country- San Diego has one of the lowest delinquent rent rates in the country- San Diego has a very low vacancy rate- historically for long holds, San Diego has produced near top in nation return.  

Thus, when the loan comes due, the property could easily be worth less than the loan amount, leaving the owner with very few options, none of them good.  

If they are professional, they can explain this quickly and easily.

Outside of that, you can easily be duped by Google or local property managers.

The veil can be pierced relatively easily if not set up correctly.  

A lot to swallow, but if the will states the property is to be sold, then if one of the heirs protests the situation they can easily force the sale.

I think you would want your family to have access to money as well since there are payments due and a lot of money might be tied up in probate (this could create an issue) - life insurance and/or a shared business account could allow for payments to be made until the regular accounts are easily accessible 

Checked serial number and it is easily 10 years old.In James case, he can only give estimates as the seller likely told him little...nor is he required to tell you anything about expenses.For income, you look at the lease and make a proforma P&L from that...it's the downside and risk of buying tenant occupied...but you wouldn't have reached out if you didnt understand that already :)