CEO/President does not really matter, but you should get legal advice to properly draft an operating agreement that you anticipate will sell securities to raise capital.

We did all of the work on this property ourselves, but anticipate using more contractors, etc. in the future.

For example, you may want to have a roofing inspector give you an estimate (if not already) for a more accurate budget or periodically check on the furnaces/coolers to more accurately anticipate that expense.

That make sense, and what I anticipated.

HIS fees have been far higher than we anticipated through this process so we are hoping to avoid a $750 reply for this information since it seems to take him 2 hours to compose every email and doesn't return phone calls.

@Ethan Massen Outlined what I anticipated the process to be and what I am aware of. 

I anticipate a good appraisal based on comps in the area, so i would be in a position where i could get back all the money i have invested in the property + some.

We are about to cancel and go another direction as our experience has been the opposite of what we anticipated.

I anticipate the attorney would begin reaching out to the owner before the redemption period ends??

He expects the next few months to be his best of the year so he's excited.While I self-manage my current rental and plan to self-manage our Santee property (if we do end up renting it, that is), I would anticipate using a PM for anything larger and certainly OOS.