I found out that this was the result of robbery gone wrong.

Has anyone been in a similar situation with a favorable result?

(It's already producing results!)  

I ventured into other avenues in life and am now back looking to become a first time property owner looking for a residual income as a result.  

That's the point of an LLC.I thought you did an awesome job based on the results. 6 1/2 months may be valid based on the extent of the damage (which sounded substantial) and surprise repairs you encountered.

They're good if you're in a hot market, but if your property needs aggressive marketing and/or personal care (like an open house), you're unlikely to get good results.

If the sale is valid, you have no issue with any heirs, beneficiaries or subordinated interests or claimants unless they litigate to unwind the sale, in which case a 'blown sale' might result in the trustee making a unilateral decision to rescind the sale or the claimants attempting to gave sale set aside.

This should help you determine whether you are satisfied with the resulting cash flow after you subtract mortgage, maintenance, etc..As for finding tenants, you can put up posts on Craigslist before you even purchase the multi unit properties and collect as many possible tenants.

@Andrew AndersonSo far on this project we have been very happy with the overall quality of the work and have no reason to think why it will not continue.When you surround yourself with professional people you generally will get professional results.

When we run the credit report, it will show previous addresses and alias names; the addresses will either match up or they won't.