I can make those decisions with an email or access to the following information.The address of the housePictures of the following Kitchen Bathroom(s) (tub, vanity and floor) Roof (reasonably closeup) Front View Rear View Furnace AC Hot water tank Window, typical of the majority in the house Garage door Fireplace Driveway/Sidewalk Garage if free standing Main electric panel Anything wierd, or destroyed that is not on this listSome rehabbers may want comps, I run my own.

Trying to make a decision on whether or not to purchase a total rehab.

I'm currently reading "Think and grow rich" by Napoleon Hill and Rich dad Poor dad is next.

I can then check them out and it's my decision if I rent to them or not.

What I am worried about is it seems they attempted to "pretty" it and fix some issues but did a poor job.

Whether you want to do the PM job or not is a decision for you.

I see this as a big undertaking, it's not about trashing any book, if one is really looking like it's outdated or has some poor suggestion, I'll mention those or may not even mention them.

I'm still researching the Series LLC but haven't made a decision on it yet.

Email #2 had the usual blah blah courtesy speak and then the poor me part of it...

There is a deed which grants ownership as I described and a Co-Ownership Agreement that says they get the upstairs and we get the down stairs and defines some general obligations.The agreement was drafted in the 80's for our respective parents.The language is vague and poorly written for it's intended use.With regards to FMV of the rents paid to the LLC, I have no idea how they are substantiating the claim.I am very interested in your assertion that the existing form of ownership would not qualify for a 1031.