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

I’m almost hoping she rejects my offer because it’s so complicated, but it kinda seems like it could be a win win.We pay $2600/monthI’d offer her $3k/month ($600k @5% 30year amortization) plus I handle taxes and insurance.

Again, it's not at all complicated.

My challenge is that the equity is siloed in a high number of properties which complicates our ability to draw against it and leverage that for operational and investment purposes.Do you all know of banks willing to work with investors and able to underwrite at the portfolio level, rather than having to apply for and open HELOCs on a per-property basis?

Insurance, bank accounts, credit cards, etc.You are probably making your life more complicated and expensive than it needs to be.

I mean really buying rentals is not overly complicated.. 

If the spouse does not sign, it could complicate any future claims on the property or the loan.2.

It wasn't that complicated.

For one, if you have any properties with conventional loans on them, this makes things much more complicated and severely limits your ability to limit your liabilities.

I don't mean to rain on the parade, but the reality is, the note business is more complicated than these gurus or broker-dealers let on.