I will attach some pics of some of the language below.

In most cases, probably not worth the legal costs and time unless (a) the wholesale fee justified it, and (b) there are other assets to attach, otherwise, you would be replacing one lien for another on the property.

The way you plan to structure the deals leads me to believe that each deal will have to have a separate 'fund' attached to it.

If you took title in your own name and it was recorded,  you will have to take all future titles as entities, because the back taxes/liens against the property you were blessed with will attach to you.  

You can check the recorded of deeds to see what is attached to the property. 

Also, there are a lot of homes with big backyards where we could possibly build an in-law unit attachment or stand-alone.4) We would be nervous about buying any properties out of state/area because we don't have experience or the time to invest in really understanding an out of state market.

Total of 35 suites - expected NOI $28,000/mthI've attached an image of my first crack at it, not really based on any expertise in commercial/multi-family valuations.

--sidebar--Be mindful of how much value you attach to 'the college experience', which let's face it, usually translates to having fun while making bad choices, fueled by students with too much time on their hands. 

I have them sign a lease addendum like this:This agreement serves as consent from the Landlord to permit Tenant(s) to attach and use a clothes washer and/or dryer within the aforementioned rental unit under the following conditions:Any damage to the Premises caused by water originating from the washer and/or its connecting hoses will repaired by the Landlord at the undersigned Tenant(s) expense.Tenant agrees to regularly maintain and clean lint/debris from the dryer unit itself as well as attached ducting.

The property is located in upstate New York , it is 2 attached properties with one deed .