This is my first multi family purchase so I would like to learn up as much as I can in the process. 

A lawyer who sees that set up would only take the case with a big ole fat retainer. 

If that is the case, you may want to get a fat, not 1 or 2 but multi-mil, umbrella policy to save you some money instead of upgrading each of your properties' liability coverage.FYI, a while ago, numerous Bay Area restaurants were hit by lawsuit from a lawyer, https://www.cbsnews.com/sanfra... 

I am looking to gather as much info as I can in Muncie, Indiana as I am looking to invest there.

You don’t ask Brad Pitt what it’s like to be ugly, you don’t ask the fat guy for weight loss advice, you don’t ask someone living pay check to pay check for financial advice and you don’t ask someone who’s lunch money is dependent on commissioning your wallet what you should invest in.

Also I do believe there was a verbal contract in this case but it may be a toss up if lawyers were to get involved and it doesn’t seem that they want this to happen.If the Sibling did not report the money the sister was paying on the mortgage but was taking all of the tax breaks for owning the property I believe the IRS would be sending her a big fat bill and possible more.

In the meantime, I am going to get as knowledgeable as I can in seller finance since I feel like that is where the good deals could potentially be, even in a hot market. side note, wheres is your meetup tomorrow?

As a good lending partner can do more for you long term then a discount online lender can in the short run.Best of luck!

We are buying everything we can in EAST Cleveland in certain areas, I assume you know why :) Problem is there is nothing avl.

There is reason for "pigs get fat, hogs get slaughtered".