Estoppel letters are signed by each tenant and counter-signed by the owner as true and correct.

If I'm wrong I'm sure someone will correct me. 

Hey @Andres Triveno, this is always a loaded question and there are different answers.I agree that most often what @John Underwood and @Collin Hays said is correct.

Their argument, if I understand it correctly, is that I have two buildings on the property.

However, excessive shifting could indicate that the opener isn’t secured tightly or aligned correctly.

If you structure your lease option correctly, it'll actually benefit your DSCR loan.I have a lease-option tenant buyer that's currently in a 10-year lease option with me. 

This means there are no checks and balances to ensure all transactions are entered correctly.

Doing nothing may be correct for one person, and engaging in a complicated entity structure may also be correct for another person depending on the situation.Each real estate investor/professional has different risk tolerances, different levels of savvy, different abilities in terms of bookkeeping, different estate plans, if one has an estate plan at all, and different relationships.

Once a default has occurred - be it missed monthly payment, note maturity, etc, the note holder or their representative send a letter to the debtor notifying them of the default and providing the statutory timeline for corrective action.

Finally, your hunch is correct: when the syndication cycle closes, your past "free lunches" will have to be paid for, aka recapture.Here're some relevant posts from your favorite site:https://www.biggerpockets.com/forums/51/topics/839015-are-sy...https://www.biggerpockets.com/forums/51-tax-legal-issues-con...https://www.biggerpockets.com/blog/real-estate-professional-...