I am a Physical Therapist by trade, and I currently work full-time as a Director of Rehabilitation in a senior living community in Deerfield Beach.

I just assign all transactions to the appropriate property in quickbooks.

OOS investors can help turn bad or so-so areas around, rehabilitation is infectious among us investors. let me know if I can help. 

Just be sure you approach this appropriately.

Your vehicles must also be insured and include liability, before an insurance company will set up an umbrella policy for you.It's a good idea to require all tenants to establish and maintain a renter insurance policy.If your property manager is an employee of yours, make sure you have proper insurance in place to cover their actions and that they are bondable.If your property manager works for another company or is an independent contractor, make sure they maintain appropriate licensing and insurance of their own.

Get your ducks lined up and then give notice at an appropriate time.Can you redo one unit at a time?

Furthermore, as a beneficiary/owner, I can make a good and strong argument that he lived on the property "rent free" for eight years and became a "caregiver", not to "care" for the property but to live cheaply, particularly if the annual standard rent is less then the taxes.Perhaps North Carolina statues or case law would legally give him the right to take 100% ownership but frankly, I doubt it.Perhaps an argument can be made that the other owners abandoned the property, but then I believe you/or the caregiver would have to prove that the other owners had actual knowledge that they owned a share of the property.I'm wondering if a suit to quit title would be appropriate here as such a suit has the court determine ownership where Parties are disputing the issue of title, and here you state that the property "went" to other owners.You also stated: "I have acquired roughly 27 signatures- still have about 10-15 to go.

I have never found that the benefit of having a security deposit out weights the headaches of having to deal with it appropriately.

When talking with the broker or seller, you can explain that you use the rules of thumb as initial assumptions, and you would need to see the actual financials to formulate an appropriate offer.

And then file appropriate paperwork through courts for abandonment of property and/or monies owed.