Definitely get the estoppel letters and copies of existing leases.Apartment complexes change hands frequently (if judging by the "under new management" is any indication) and I can assure you they don't kick everyone out and start from scratch.

Matthew - If its a Divorce and there is a "decree" involved the attorney and judge will want to see the transaction details. 

God will judge them in the end.RegardsGiles

If something happens on that property and you were to be sued, you are going to be sued in a GA court of law and the judge can set aside the Wyoming LLC because it is a completely different jurisdiction.

Be careful; the rules for qualifying for a real estate professional are extremely complex - it is an area of the tax code that many practitioners and even judges (tax court cases) have gotten wrong.

You are dealing with unity of interest, fraud, or the catch all injustice that a judge rectifies.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

Keep checking the unified judicial portal on the day the judge says he'll issue his ruling.The guy's in jail, and he likely won't appeal. 11 days after the order of judgment is issued, go and file for an order of possession.

Always hard to judge the market but it is slightly a sellers market right now.

Having a good judge of character is important here too, but again not a guarantee.