I know some real estate investors that want to borrow money from me from rehabs or down payments on their projects, but I don't have the proper documents to protect my investments.

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.

(Pro Per in some jurisdictions) Have they filed their statements of debt and income yet?

You will need to set up the proper structure and comfy with SEC and state securities regulations of course but thats easily handled by an SEC attorney.The one thing you do not want to do is purchase a property under your company and do a JV or profit split with an investor.

The tenants currently paying way below market rate but I want to figure out my best option between either raising the rent with the current tenants or going through the proper channels to remove them. 

@Julio Velazquez - I'm not sure your original question was answered here properly.

If it takes 5 to 10 years to recover, you should cash flow throughout the downturn if you are managing your money for the property properly. 

Firstly, i want sure if this is the proper forum to ask this question.Also, please pardon my ignorance with regard to these topics, I've only purchased 1 home so far, and am trying to assist my wife and her father.My father-in-law just told us that his house was written off a few years ago after some sort of bankruptcy.His wife passed away last year and he wants to start preparing his will.This was my wife's childhood home and she wants to try and keep the house in the family ..... which doesn't seem likely to me once her father passes, considering it was written off and they don't have the title.1.

I typically will "help" the appraiser do their job by bringing valid comps with details on each comp as many appraisers come from out of area at times and are not familiar enough to do a proper job so it is often up to the investor to make sure the job gets done right.

In terms of a 1031, it's definitely a productive strategy when used properly.