Under Massachusetts law, it is illegal to discriminate against someone because the presence of children might trigger a property owner's duties under the lead paint laws or because someone receives a housing subsidy, such as a Section 8 voucher, to pay for some or all of their rent.

If you have the time (and not the money) they you can spend some (or all) of it doing your own research.

@Michael Plaks I'll take a stab Michael...Number 5 may have a wrinkle if a personal CC was used that had a balance beyond $20k, some or all of which is non-business debt.

Should it be formed in TX or AL?

Acceptance of rent constitutes a legally binding ORAL lease agreement.

You don't have an enforceable oral contract for real estate.

B is likely referring to who between H/W would be entitled to most or all of the sales proceeds.

I was planning to finance the deal and then once it’s sold use the profits to repay my investors with interest or like I said a portion or all of the profit.  

It is likely that you signed as the LLC AND personally for some or all of the properties.

Are your units scattered or all in one location?