James wood pressed charges took it to a judge and got his license revoked.  

Overleverage is almost always accidental, and comes when you least expect it.

My rentals have policies that have one premium for "Fire and Lightning" then another for "Sudden and accidental damage from smoke, windstorm, hurricane, hail, explosion aircraft and vehicles, riot and civil commotion."

Yes and no depending on your sister in law's desire to run her own business.She may like the thought of you doing all the work and she just enjoys the money you generate for the family business.But if she is up to the challenge,separate businesses would be easier for everyone involved (especially you).Tread softly here though,you really need through property inspections and appraisals from professionals to determine the exact value and current physical condition of each unit .This will prevent hard feelings and potential law suits between the two siblings.Nothing is gonna hurt more than accidentally giving the other party termites and rotten roofs.All properties would need to be repaired and made whole before division of the estate and subsequent sales to the public if desired.

I guess it does for our new venture, but the old one we were pressing to build a site for is something we decided to stop doing.

The OP often doesn't have a real gripe other than they don't like whom they're posting about and are simply looking to stir the hornets nest by creating negative press.

 A little update:We have contacted an attorney, he's reviewing the contracts, should hear from him soon about whether we have a case or not.Another accidental discovery: our contract with the PM shows a termination fees upon termination.

@Chris BoselliI live in Nashville, accidentally Memphis property wound up in my purchase feed and it startled me how low cost things are.

I’m still buying, but in a regular manner, I will certainly get a more pressing desire to scale when I feel like I am buying things at a discount.Here is a cool tip for finding a partner.

Stop the PRESS, NOW!