Do you have a tax attorney to consult?

Your neighbor will have to talk to an attorney to initiate the probate process so that he'll be able to legally hold title to the property.And he should consult the attorney regarding the fee's.

Candace, you should consult with a local realtor and property manager to see what they think the properties will rent for in your area.

As kind of a preemptive strike I've scheduled a consultation with a realestate agent in that area.

@Alex Papas Yeah he was able to, but I also consulted with an SEC attorney haha it's always a journey but I learned a lot man!

I would advise consulting with an attorney for specific legal advice or a CPA about the tax scenarios.

Contact a local architect/engineer for a detailed consultation specific to your project/locale.

Should they show interest in the initial offer, I would then consult an agent to submit a formal (inspection contingent) offer.

We need to consult with an attorney to Figure out what is required to paper our corporate file and the Trust file to show there was some type of documentation regarding the transfer of the shares.We are purchasing properties in different states FL and MI right now, and may purchase others in other states.Any help and recommendations are appreciated.Thank youKevin

If you own a rental or two and can't sleep worrying about someone suing you then you might look elsewhere than any real estate investment.That said you can add many layers of protection.Individual LLC's for each property help by a master LLC held by a Trust etc to give you layers of protection.Insurance is your first line of defence, an umbrella adds another.Having properties mortgaged makes them uninviting to an attorney that may want to see if you have any assets worth taking.You can consult a Estate planning attorney for guidance on different strategies.If you are risk adverse you might want to look else where to invest your money.