I'm not a beginning investor but my previous properties were acquired pre-2013 but I've made beginner mistakes trying to grow buying "cash flow on paper" Class C properties in 2023. 

I’m passionate about real estate and am working towards building my investment portfolio, with a goal of acquiring five rental properties over the next five years.I’m here to connect with like-minded individuals, learn from experienced investors, and share knowledge along the way.

If the client is in CA the community property state laws may help here (not entirely sure) depending on when the property was acquired but it would be a great question for an attorney as Jason mentioned.If they were married and went through a divorce it would be worth looking into how the divorce paperwork stated how that property would be handled.

Dave & Frank (also partnered with Ryan & Jamie Smith) have been acquiring and operating parks for a long time (I believe they go under MHC America).

What type of properties are you looking to acquire, SF, 2-4 MF, or 5+ MF?

Current Construction Co. and Resolute RDM have acquired this development project in Lebanon, MO.

And, FMV on 1/6/25 is not FMV today because now you don't have a lot in an established neighborhood, you have a lot in a disaster area which comes with the challenges I listed above.We built about three dozen "fire lot" homes after our fire--all lots acquired off MLS or from owners that came to us (we didn't market for lots), and not at a price that anyone would call a "discount". 

b) Did the seller acquire the property through probate?

I've been specializing in multi-family properties for over 20 years, and during that time, I've personally acquired just four multi-family properties.

I just acquired one from a PM where they were charging a tenant a resident benefit package and a building protection plan.