You can cover that and how repairs are handled, management, etc. in an operating agreement.

With your new title controlling the deed they can typically handle the A-B B-C transaction much easier.

These properties were financed after the safe act went into affect.This attorney you used sounds grossly negligent from what YOU have said in many mistakes.The attorneys I know will send you a document and you read it and they REDLINE any changes and you discuss and go back and forth until you are satisfied.The fact that you didn't read at signing and TRUSTED as you say this lawyer has no bearing on the fact that you should have read it.A judge will see it the same way.What I am seeing is a mess created by two parties being you and your attorney.You have to figure out how to get things back on track.You need to know in each state where you own these properties if you can foreclose and how long that would take and what it would cost and what you could sell for to get any money back and move on.This attorney as you say sounds nice but general practice attorneys I find make numerous mistakes when handling specific areas of law.

If you want to break into the probate side of business, instead of chasing down leads from the daily obituaries - why not befriend an attorney that handles the estates?

You also need to manage the property manager and understand the criterion that will be applied to qualifying tenants and how will repairs be handled. all these are issues for any landlord but they are all amplified when you are out of state.

Ask your broker how to handle this ...

How in the world do I handle this?

I served with several people who used their time in the military and their travels to invest in multiple markets, adding some diversity to their portfolio of properties...this is one thing you can consider if you are able to handle not being close to the properties all the time.I am not sure what the market is like there in Charleston, but if it is good that could present a new starting point for you.

The military needs to prepare those who are getting out to better handle the situation of getting by on 1/3 of their active duty pay.

So how do you handle the exit issue in your partnerships?