If your W2 is your only means of financial security, you are standing on a very rickety bridge. 

Say you have a property management company managing one of your properties and you notice that the tenant is regularly complaining about something particular...

If your lender requires a security interest in the fee, the title company can agree to take care of all of this and then record the DoT after the fee and leasehold interests have been merged.

People at these meetings likely can help you with contracts and documents they use regularly for deals 3) This involves another contract, you basically sell your equitable interest in the property you have under contract.

Fortunately social security for her children kicked in quick and she is able to afford the mortgage and living expenses however the family of her deceased husband took it upon themselves to file for the death certificate without her on it and send it off to the mortgage company.

It also has loose/damaged siding, security bars on windows that need to be removed, earth-to-wood contact in the foundation and siding, leaks in sinks, windows that don't stay open, loose toilets.

Since this real estate business would be owned by my mother and us three boys, I am unsure what legal entity would be best to setup for all of this to achieve the most legal security and tax advantages down the road. 

Over time of building a relationship with them, you'll hear the good, bad and ugly.I don't think it's smart to jump into any major commitment without a reasonably long period of relationship building and regular contact.I'm not a fan of those large national turn-key property providers marketing everywhere.

I have raised capital in the past from different investors securing funds in different ways.

Your income will be taxed as regular passive income, and you can transfer money out of your business bank account to your personal bank account anytime, probably monthly.