Regardless of the downturn, one is a huge liability that costs you tens of thousands year, and the other is an asset that brings in passive income of $100k or more per year.Remember that this is an investing web site, so the only answers you're going to get here are ones that make financial sense.

A lot of good articles come up when I search the web for "LLP vs LLC" so you might want to do the same.

Check the National REIA (Real Estate Investors Association) web page and find a local association. 

What advice can anyone provide on how to unravel this web of real estate purchases where they are both shown as Joint Owners with rights of survivorship, but they were never legally married.

And for better or worse many read BP and other social media and feel that they need very high COC returns and will pass over other investments that dont meet their criteria.. you see that all the time on BP  Poster says I am looking for property with this criteria well most want a very high return and as such its common knowledge that there is a slot that properties have to fit into to create that return and its generally the C class stuff and some B..  

Before you listen to the Scott Carson (We Close Notes) Series on the various markets across the country, you might want to know who you are learning from.Please check out investwithscottcarson dot comwww.investwithscottcarson.comThere are now over 24 filed lawsuits that I know about (although only 18 are posted on the website, because my web designer is behind).I am trying to prevent this from happening to anybody else.

Here in okc, we have a county assessor web site that shows you property records that include the building, number of units, etc. is there nothing comparable to that in your area?"

He is a Syndication Attorney and also has lots of educational content on the web. 

Can you suggest any books or podcasts, web sites, articles, you-tubes, etc. 

There are other web-based platforms you can used to Estimate Repairs as well.#5 Practice EstimatingOnce you get your spreadsheet or software setup, start to practice estimating rehab costs for potential rehab projects.