thanks, i did search for an advocacy group, but didn't find one.and the charges and for work the landlord and his relative did although he did claim to have paid the relative for doing it

.- The LLC is listed on the title- The LLC's partnership agreement essentially states that all income and expenses related to the property are Mike's responsibility.- "Income" includes all gross receipts generated by the property ($1,000 pm)- "Expenses" could then include mortgage and running costs ($800 pm) in addition to a $200 "management" expense (or similar) to Joe.- In effect, Mike's net Tax obligation would be zero (until the property was sold), and Joe would get an income of $200 per month.

Yes, real estate is a business about houses but, I think most investors get farther and end up well rounded when they remember that PEOPLE live in those houses and its the people we need to relate to...

I suspect this related question may belong in the short sale forum, but in the case of a short sale, is it reasonable to expect the bank to pay for the title search?

Is that after considering all the sales related costs?

Michael, Yes, I am relatively new to this forum but not to Real Estate.

All things are relative with regards to any lease that is the so called "net" format vs those that are "gross" or "modified gross".The term net lease has been chopped up over the years to include "net - N", "double net - NN", or "triple net - NNN".N - generally refers to the actual property operational maintenance costs.NN - generally refers to the property maintenance and limited other costs, i.e. adding in insurance or RE taxes or some other limited set of items.NNN - generally refers to all associated property operational costs.For clarification a "net lease" means that the tenant is fully responsible for some or all of the property's operational items; On the other end of the spectrum is the "gross lease" which means that the owner is fully responsible for the operational items; "a modified gross lease" is a combination of the two and usually includes an expense stop for the tenant.Expense stop means the owner is responsible for all costs up to that point, i.e $3.75 per sf per year, and the tenant is responsible for the pro rata difference over that amount.

My objective is to identify the bad actors and kick them out.

But if I do sign for the loan personally is there a way to get the property into the LLC with having the loan called or other problems related to transferring property?

I'm actually visiting some relatives in North Carolina now.