Good luckThank you Dan for the detailed response. on 1, This seems to be an systematic issue because when additional living space is introduced that should result into increase in value.

You want to get this process started right away because many times there will be title issues that will need to be cleared up that could take time.

That would have taken the issue to a whole new level.

Well worth the cost.Plus he can defend us in there ever is an issue.

The agreement should be done by an attorney but the Trust can be a simple two page form.Partnering with family can cause long term emotional stress, if your agreement is written, signed, notarized you will avoid fights, as this is a business arrangement.

Some people with cash to throw around don't look so diligently and run into cash flow issues.3: Life style: We decided to downscale our lifestyle and even do away with our cars for a short while.

Working with tenants when they run into issues, treating them with respect, these actions are your first line of protection.

While sealant can give extra water protection, it might also trap moisture, leading to potential issues like mold.

The condensed issue centers around decoupling of agent commissions, or no longer allowing seller's to pay the buyer's broker. 

This deal was arranged for our management client who wished to sell their asset quickly without having to go through the hassle of the market and without having to deal with any more rental issues.