That's great that the bank who currently holds the note wants you on 20 year or 15 year amortization, they view you as a captive customer, they don't have to earn your business any more, as far as they are concerned. 

I've reached out to customer service and received little assistance.

I had my attorney review the JV Agreement.

I'd encourage you to go back & review your PMA so you understand exactly how they charge maintenance repairs.

Good pictures, and good video walk through's are also a good thing to have so you can forward it to them and make sure they review prior to letting them do a physical tour.

You may also want to review your lease as well regarding access to the garage.

From what I've seen and the reviews, it's fairly easy to find these deals and works in remote markets, as you're not maintaining the properties.

We also reviewed a few duplexes from SDIRA/Morris in Lubbock & nearby Sweetwater, but we felt they were charging too much for them.

It’s a good idea to review local real estate development compensation norms or even consult with a lawyer to ensure the deal is fair.In your uncle’s case, the terms seem fairly favorable to the engineer if he is only handling the development and not contributing any capital.

I’d like to have someone review the property and help identify specific areas that may need to be brought up to standard before I proceed with landlord registration for the program.Additionally, I’d welcome any advice, suggestions, or insights from those with experience in this process.