@David Fernandez, Community property states  or equitable distribution states are descriptive of state statutes and determinations on property ownership and distribution in divorce and can influence but not dictate federal tax treatment - especially in an equitable distribution state like Florida.  

Ok, these are general answers since I don't know the statutes in your area.  

If Tenant fails to comply with any of the material provisions of this Texas Lease Agreement, other than the covenant to pay rent, or of any present rules and regulations or any that may be hereafter prescribed by Landlord, or materially fails to comply with any duties imposed on Tenant by statute, within seven (7) days after delivery of written notice by Landlord specifying the non- compliance and indicating the intention of Landlord to terminate the Lease by reason thereof, Landlord may terminate this Texas Lease Agreement.

I explained that (1) This should have been something adequately documented in the Roofstock diligence vault prior to any offers being made, whether the faucets, shower heads, and toilets were up to code due to the local statutes requiring the certificate of compliance. (2) Irrespective of that not being done, I need to know if the management company will actually handle it for us after the fact because I still had not heard back from them.

I'm sure it has to do with new federal statutes or guidelines.I still collect SSN and DL info.

For you Alabama readers: Alabama was an early adopter and so, per the statutes, has a one property exception.

@Monica Morff The parties to a contract generally have the right to contract around a statute.

By making a contract with a California resident, there does seem to be sufficient contact as California has a strong long-arm statute but the defendant may argue that Wyoming is a superior forum and the the case should be dismissed and filed there. 

That would require a single LLC only, as only ownership of the corporation would be changing, not the individual properties.A FL land trust, which actually does provide some true asset-protection (in contrast with just about every other domicile), would not acheive much in your scenario - at the moment.There are:service-providers that possess true expertise and provide customized solutions for youservice-providers that don't possess the expertise they market aggressivelyservice-providers that possess true expertise, but have monetized that expertise through business models that don't provide clients with customized solutionsIn my work, I've had cause to see the LLC statutes of most states and have been part of the formation of LLCs in every domicile.

The details are spelled out under 'power of sale' in the deed of trust and in the NC general statutes.