If we want to go further into guidelines, one can pay cash for each additional acquisition and pull the cash out up to 70% of the full value within the first 6 months of ownership under the FNMA "Delayed Financing" program, but if you go past 6 months you cannot take the cash out.There is a lot to all this.

However, a boarded up house, blue roof or tall weeds are only signs of neglect, not ownership.

There is some really great information here about ownership and profiting from real estate.

As an agent and an investor myself, I am going to wholesale a house for 10k vs. listing a property and making a lot less just to split a commission with someone. any agent out there that has a broker like that just needs to pay the transfer fee to move to another firm I agree that brokers have a financial motivation.You are totally misguided thinking equitable title, equitable interest is the same as the ownership rights to title which are required when offering good title to real estate through any advertisement.

She had heirs, but as I understood it over the phone, it sounded like this property never went through probate and a legal transfer of ownership hasn't been recorded since her passing.I understand that attempts have been made to get the local authorities to change the designated use to an easement.

A land contract provides ownership with the seller being the bank.

Or if you are owner-financing it, and truly taking ownership, turn a bed into a couple baths.  6 beds and 3 baths should rent easier and a much better ratio of people per bath.  

There is far too many challenges in trying to coordinate ownership in multiple States or regions all at the same time. 

Can I sell a duplex and use a 1031 exchange to buy my sisters ownership?

And I am aware I take ownership of them.