Officers all too often think the know the law simply because they wear a badge, when they actually know a lot less than most folks. 

Rents started to come down and I had to leave a lot more money in projects that I was in the middle of.  

This is really a lot of information packed into a densely worded post.Yes, you can use loan proceeds to buy out another member, but it doesn't seem like you'll have enough to buy out and develop.

You will never get that back in terms of additional cash flow

None of which I never actually met in person. 

You'll want to gather the last 2 or three months of COMPLETE bank and brokerage statements...even if you think we don't need to see it...give them to us.

Ivan, I'm in Tampa too and I'm a lender with formal commercial credit background from two of the largest lenders in the world and 34 years of lending experience.

Hi Matt,Memphis holds a lot of hidden opportunities.

Perhaps it's a negative reflection on the fact that fame and celebrity often in this country give individuals free reign to commit crimes with out penalty of consequence. 

You don't get that with a fixed percent profit sharing.I definitely left out a ton of information with the goal of not making this a lengthy post.