You need a Realtor to take this stress for you. 

It's my first one and I'm stressing out about losing. 

However, I don't want to end up homeless, or worse, land myself in jail because I didn't cross a t or dot an i.

@Jesse Fisher @JR T. makes a good point about trusts, BUT, unless you purchase in the name of the trust, and any mortgages are in the trust's name, it'll be clear who the owner is (you) with minimal research.

t the entire time? 

As you said, any investor will want to see the numbers so be prepared to show your gross income, operating expenses, NOI, and CAP rate for at least the last two years and have your T-12 handy.  

Sounds like this couple is the secret to your success.no, its nowhere nearly as brutal as you think. they have tons of free time, and they are allowed to leave the property later on during the day. the lack of stress from being able to pay rent or mortgage is big for them as they live there for free.anytime you buy a motel, keep in mind that you are not only buying a motel with X amount of rooms, but that it is also X amount of rooms + 1 good sized apartment unit, so there is some extra value there

The IRS will only issue an EIN for an IRA trust account if the individual intends to file Form 990-T (Exempt Organization Business Income Tax Return) or Form 1041 (U.S.

Our goal is to establish good long-term tenancies, reduce tenant turnover, welcome tenants into our community, or if they are unable or unwilling to perform to our standards, then negotiate a move-out plan that make our parting easy and as stress free as possible.... for all parties concerned.

Thanks, @Alina T.!