Before moving forward, I want to better understand what the process of legalizing one of these units looks like in the real world. 

This isn't brain surgery, but it does require training to do legally.

With your background in negotiation, legal experience, and focus on multifamily properties, you’ll be a huge asset to the community.

I choose the second approach.Since I focus on various states using creative finance, it's important to me to keep current on what is legal in that state.

He said that biohazard cleaning companies often charge insurance companies more than self pay options and that what was happening isn't legal, and that insurance would not cover it if they could not justify the cost over the originally quoted $2,500. 

Real estate comes with legal and financial risks, from lawsuits to creditor claims.

Real estate comes with legal and financial risks, from lawsuits to creditor claims.

Even with all the title company’s legal experience and knowledge, they still find themselves in the position of having either ‘missed’ something, or having a court interpret something differently than their attorney did.Many investors will purchase a property with very little cash investment, either through buying subject to an existing lien or through owner financing.

In this case your selling an equitable title but not a legal title since no warrant deed with the named “buyer” is recorded.  

I suggest NOLO Press for their self help legal books.