Finally, arrange for a formal closing and record the documents with the county to make everything official. 

Hey Ian, Tough to say without an official Loan estimate.

My thought was that it would be best if she does the primary STR work and log her hours and ensure that she spends more time on the STR than I do (at least officially logged hours... since I will most likely always be thinking about the STR... haha). 

One route is to explore refinancing these properties into your name with a cash-out refinance, which would allow you to access some of the equity while officially transferring the deeds.

I go to my room and find her later.You go to conferences to network first (Lobby Con - IYKYK), learn second.

Then send official notice.

The hospitality industry lobbied pretty hard for that to happen to give them an edge since those are areas where hotels are located as opposed to residential zones. 

I guess joining BP is now my official first step in taking a dive to this journey.

I'm assuming my friend has the right to do so since the tenant hasn't paid their utilities, and they are officially no longer a tenant but a squatter until the sheriff comes.

Be sure to go to the calendar of events here on Facebook as most official Bigger Pockets meetups are postedhttps://www.biggerpockets.com/...Also check out Meetup.com (be sure to look for live meetups, not virtual ones)And in Kansas City - Mid-America Association of Real Estate Investors is hosting it's 200th meeting Tuesday August 13th.