While I don't rent out in this niche, I used to arrange corporate apartments for coworkers on 6-month assignments. 

In addition, if your tenants used an agent for this new construction purchase, they may still be obligated to pay commissions to both the site agent and their agent if they cancel the contract.  

Last month I was let go from my regular job after a corporate buyout.

Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).As an alternative to taking the loan, you could even purchase the investment property directly using funds in your Solo 401k (assuming you select a Solo 401k plan provider which allows you to invest in real estate).

Do I have a moral obligation to spend the time tracking down the family? 

Hi everyone,I am looking to get some advice on potentially setting up a corporate structure.

I just hate wasting their time when I am obligated (by blood!)

Have you chosen your home state or the state you plan to invest in or another state with favorable corporate law (i.e Delaware)?

If the property manager agreed to pay the bills on your behalf, they have an obligation to pay them on time.

Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset)Liability: the future sacrifices of economic benefits that the entity is obliged to make to other entities as a result of past transactions or other past events, the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future.A liability is defined by the following characteristics:-Any type of borrowing from persons or banks for improving a business or personal income that is payable during short or long time;-A duty or responsibility to others that entails settlement by future transfer or use of assets, provision of services, or other transaction yielding an economic benefit, at a specified or determinable date, on occurrence of a specified event, or on demand;-A duty or responsibility that obligates the entity to another, leaving it little or no discretion to avoid settlement; and,-A transaction or event obligating the entity that has already occurred@Angelique Diaz I get where the Rich Dad idea comes from but I think we are forgetting that he wrote that book not as a REI text and more as a midst shifting primer for those that have little to no financial education.