I’m currently looking at a deal with 15 units: 10 TOH’s4 POH’s1 vacant space The one piece of this deal that concerns me is that 8 of the 10 TOH’s are currently owned by the same person/LLC. A few questions about this: What are some common issues I may run into due to this?Is this something you would recommend completely avoiding?Is there anything I can do from a legal standpoint to mitigate potential risks?

Zachary RubinPoster

Posted May 22, 2023 16:43

I’m currently looking at a deal with 15 units:

10 TOH’s
4 POH’s
1 vacant space

The one piece of this deal that concerns me is that 8 of the 10 TOH’s are currently owned by the same person/LLC.

A few questions about this:

What are some common issues I may run into due to this?
Is this something you would recommend completely avoiding?
Is there anything I can do from a legal standpoint to mitigate potential risks?

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