I'm worried about the wife seeking some of the equity if he still has any type of ownership.  

Future readers/do-it-yourselfers- leave the popcorn ceilings to a professional.

@Brandon Vu  it really sounds like you should sit down with an experienced real estate professional and ask all your questions. 

Be professional, friendly, but firm.

-Professional management w/1 full time manager and 1 full time maintenance tech-Plan:  Full exterior rehab, renovate all down/vacant units, move office from TWO units that are currently being used to the abandoned dedicated office that is down to the studs.  

I would welcome comments, strategies, suggestions and introductions to tax professionals regarding VR property ownership, rehabs, deductions, liabilities, etc...Thank you!

I'm looking for recommendations of Tax Professionals in the Orlando area that have experience working with Real Estate Investors, or are REI themselves.

Additionally, I'm a part of a fast growing power team that is seeking to partner with reputable contractors interested in joining our team.

Hello all, My name is Sherrod McGowan. I am a new investor in Rochester, NY, I have been a student of real estate for what I feel is too long. I still consider myself new until  I get a few deals done.  I am now ready...

I'm definitely looking into the various strategies for getting started and will absolutely seek professional help and advice on the first few deals once I get down to it.