From the legal side (you should be talking to an attorney as well), it might be smart to have him liquidate the LLC and contribute the property into a new LLC for a fresh start.If you buy into his LLC, you're buying into potential unknown off balance sheet liabilities and lawsuits.

Wanted to hold it, but not the smart long term play due to moving out of state.

Invest where it's smart."

Hello:I am thinking about switching to smart locks on a property that is far away so I can better manage it remotely.

Probably not a smart move.She could rollover to a self-directed IRA, but that would not provide either of you with access to capital.  

When acquiring multiple rent houses, would it be a smart technique to start combining the cash flow from all of your rentals to pay off one and then after your first rental is paid off you start funneling that cash flow with the rest and pay off your next house and once momentum is created you start paying off all of your homes quickly?

That said they should be smart and provide as many photos and or video as possible up front.

Hello,
I'm a Realtor and also New Investor. My Wife and I have a HELOC for 80K to invest in a Rental Investment Property. We live in the BOISE market and have see Home prices Climb Steadily as well as record move-in...

The inspector, working with the attorney will determine what should be released in each drawSecure your loan with the first position lienGet smart on private lending rules/regulations for the locations you'll be lending $ 

I'm not smart enough to talk about Quantitative easing & tightening, flow charts, etc.