My understanding is that these two should not be the same; however, I can see this being possible since an LLC is considered it's own separate legal entity.

I am not familiar with the laws in Texas nor have I ran into a situation like this but I would imagine you would need to involve a lawyer who specializes in land.Being that the owners do not want to sell the actual property the home sits on, I believe that would legally mean (*I am not a lawyer*) that at any time they could say "Hey I want to use or sell my land, get off it by tomorrow" and they would have the right to do since they own the land.Also, another hairy situation with that would be who pays taxes?

The good news is we are living a lot longer, the bad news is we are not prepared for it, and the financial and legal services industries are very traditional and slow to evolve.

Reason being is some wnt sign them because they look intimidating, all the legal jargon makes people nervous . they would need to consult a lawyer etc.

The "owner occupancy eviction" thing is in the ether because that's part of NYC regs, but it's not legal here in JC, and I don't believe in NJ at all.

Hello, Should I start a legal business in order to start investing in real estate ??

I can't really speak into the actual legalities and logistics of it all just b/c I am not well versed in it...however, I did learn a lot about how it functions just by reading up on the lawsuit files that are posted publicly online.  

Is it legal for homeowners to sell the property without me knowing?

I wasn't sure if that was legal, let alone possible. 

If the building has a single legal address most of our carriers would consider it to be one building with two units.