(b) If the records of a series are maintained in a manner so that the assets of the series can be reasonably identified by specific listing, category, type, quantity, or computational or allocational formula or procedure, including a percentage or share of any assets, or by any other method in which the identity of the assets can be objectively determined, the records are considered to satisfy the requirements of Section 10A-5A-11.02(b)(1).

@Will Barnard Thanks Will there is actually an identical thread with a lot more activity on it.

From a financial documents perspective, what did you request from the buyer; such as rental verifications, deposits, P&L statements, etc.

He/she protects your identity as well.Many novice investors are tempted to manage their own properties.

Obviously one lawyer says that I can, but I'm looking for some verification or for that matter refutation.

Looking at your county's property tax assessor's map may help, too, although to the newer real estate person all the parcels may appear identical.

Larry, very interesting post since this is almost identical to what I'm considering doing.

The note should not address these issues as it would likely duplicate the issues and if not identically addressed, could cause confusion as to any right to cure.

J Scott is correct, just not on a stated income basis without verification.

That would be a "verification of assets, or deposits" not an access to account.