I trust his advise but I feel that its not worth taking a chance and I should ask her to politely leave based on the fact that she has lied on her application. 

but that's dependent on your job, relationship, goals, commute... we can't advise you on that.

Readers are advised to seek professional advice.

Readers are advised to seek professional advice.

Any recommendations on lawyers to talk to that can assist in advising on an LLC fund (if needed) and how? 

And also I inherited the tenant and havent signed lease with them been advised to better honor the same terms of the seller until their contract finish.

I would not necessarily advise being cash flow neutral or negative before you account for these types of things.

A knowledgeable attorney can advise here.Create a solid operating agreement: Since you own the condo with a friend, a clear operating agreement is essential to outline responsibilities, decision-making, and profit-sharing for the LLC.To save on costs:Look for real estate attorneys who specialize in investment properties and might offer package deals for the retitling, operating agreement, and filing the LLC.Shop around for title companies that can handle the transfer smoothly and provide competitive rates.Research DIY options for setting up the LLC if your situation is straightforward, though I’d still recommend a lawyer for the transfer process itself.Good luck with the process!

A guru called this gator lending but I would strongly advise against borrowing funds for a down payment.

The Mexican corporation, generally advised if you buy multiple properties, given the higher costs.