I'm making a trip to Austin Jan 30-Feb 2 In hopes of determining whether to invest here.

It's such an important part of determining whether or not a specific investment makes sense.

Just to protect yourself, not just from your partner, but say a contractor gets hurt, if the LLC isn't filed correctly with an accurate Operating Agreement, you are LIABLE.Further, the key to an operating agreement is to clearly detail ownership, responsibilities, how to handle the bookkeeping, and also should detail how to remove a partner should one person want to leave.These are absolutely key.

They tend to work better with professional services firms that are reallocating ownership more dynamically and are a bit old school.Hope this helps.Cheers,Rick

I'd recommend Randy Morrison of Home Ownership Works.

Here a list of websites To determine values.

Speak with a clear and determined voice.

You will also find many people do not distinguish between the Foreclosure and Power of Sale, though there are differences.The largest difference is when ownership of the property changes hands.

I understand only the rights and ownership transfer, and the loan stays in his name.

So, (again, in CA) we'd have to determine who owned what, at what time, and probably determine the date of death value.