It may cost double but your paying for more than the same nail going into the same board. 

she will fight you tooth and nail if you keep her.I think in your case, the relationship may not be salvageable, i.e. you won't be able to gain control since she already got away behaving this way, easily. 

He’s digging holes and nailing up wood for crying out loud ..

If someone is not activelly contributing to the decisions and management, you may be in violation, but get a second opinion (from qualified, experienced legal council).Tony.And I think the SEC does not care if you do not know, they will nail you for all past instances as well if you get in trouble, best find out and get it clarified, find a case precedent if possible.

Ryan:You hit the nail on the head...."

But what about a nail sized hole where a picture was put up?

@Stephanie Dupuis  hit the nail on the head right there in regards to your original post.

It wouldn't be hard if I were the real estate commissioner in many of the states I've done business in to nail many of the investors I've run into for doing unlicensed activity.

Thomas has it nailed. 

At first this sounded like a stretch but if you think about it, their options are either 1) turn down my offer and incur further holding, selling, or repair costs to try and fetch a higher price, possibly risking foreclosure in the process, 2) let me negotiate a short sale, which even if successful, will nail their credit, or 3) put up their own money to satisfy the difference between my offer and the loan balance and avoid all of the above problems.