We are on the same page regarding the culture of the inner city, however what I find as that many of the residents do not fully understand the mechanics of home ownership.  

Title fees being the big one Other than registering the mortgage, you should not incur additional title fees unless there is a simultaneous change in registered ownership ... but, undoubtedly there will be variations between jurisdictions.

Ownership of real estate investments can be successfully accomplished while holding down a full time job.Nursing pays a hell of a lot better than the entry/mid level jobs in real estate.  

The management company will collect all rents and pay all bills and ownership can be the entity of choosing particular to the state the property is in.

You are separating ownership of the property creating a shield, that can be pierced, if you are not deliberate and purposeful in the separation.

Not an overly common business arrangement as no matter what capital contribution or administrative contribution is made the ownership equity is always 50/50.

If the tenant were to miss a payment, the original owner could reclaim ownership even though it was not Jessica's (the buyers) fault (technically).

Serge that is great this deal you were telling me about awhile back is coming to close.I might monitor ownership for a few months and implement the plan over time.What do the new tenants units look like compared to the loyalty tenants that have been there for a long time??

How do I go about getting ownership to the car?

If you might be moving soon, you may not have time to recover any savings (if any exists) in home ownership compared to renting because of the cost of acquisition (closing costs) and sale (commissions) of the property you would buy.What is your family situation?