We are only talking about a $450 security deposit and $1000 worth of back rent so I don't see any value in bringing in a lawyer, at worst case I'm hoping this may only be a $450 lesson and just glad it didn't happen on any of my other units.

Lawyers started to get involved, and then luckily they finally decided to just split it down the middle (which is good, because our spite likely would have cost us a bunch of money.

Here are the pertinent detailsARV = 300kMortgage owed = 235kName on title = Just the manRenovations = Just estheticHe cannot go onto the property of his home because of the problems with his wife.The man has told me that he has been advised by his lawyer that he will have to have his wife sign off on any purchase offers on the house.  

In other words, if fannie mae can prove that you sold the property (regardless of the grantee being the same) within 3 months of buying it, transferring it to another legitimate buyer with an LLC sale and Fannies lawyers want to make an example of you with their unlimited pocketbook, you are f-d. stop trying to circumvent the restriction and simply wait the three months or negotiate the restriction out of the sale.

LAWYER, LAWYER, LAWYER!!!!!

I created a solid final draft, then sent it over to my lawyer to review.

I agree that you shouldn't skimp on insurance, though, since they can go after the LLC after the maximum liability limit is reached on the insurance policy.I am not a Florida lawyer, but I suspect that your lawyer is wrong.

It can be challenging and in some cases you may need a lawyer.

I'm not a lawyer, so there may be more options than I'm aware of...but...Unless you're willing to sue for non-performance, I'm not sure you have much recourse.

If the problem is big enough to merit a whole new set of laws surely some hungry lawyer would be willing to file a class action lawsuit on behalf of all of the folks that are influenced.