This could help protect against any future lawsuits. 

Even different standards for lawsuits and what can be sued for.It's really not important for me to explain the "circumstances" behind these claims.  

I have to imagine it's a bit more negotiating than just purchasing something with cash, since it's essentially bartering @Rene Hosman YEARS and that's if they actually got approved because it had to be so completely vetted to avoid lawsuits after approval. 5-10 years but the stance of that municipality was anti-change, anti-development, NIMBY on steroids, etc.

I'm SURE you mis-spoke and meant to say, he's a close friend that I am trying to help but it was not my intention to "fix his credit".Debt Relief and Credit Repair Scams"The FTC has brought scores of law enforcement actions against these bogus credit-related services, and the agency has partnered with the states to bring hundreds of additional lawsuits"SOME CASEShttps://www.ftc.gov/news-events/topics/consumer-finance/debt...Financial Education Services (August 5, 2024 )Panda Benefit Services, LLC., FTC v.

I'm curious ultimately how man lawsuits will be filed and the circus that will be.I think the rebuild will take minimum of 3 years and many over 5 years.  

More syndicators go out of business and wind up in foreclosure and/or lawsuits to enforce loan guarantees. 

Even if the sponsor lacking knowledge and experience can raise capital through syndication, their life will become a living nightmare of lawsuits, hostile social media posts, public ridicule, accusations, legal threats.  

It protects both parties.Adding your property manager as an additional insured protects you and your property manager in case of a claim or lawsuit.

In the middle of a lawsuit with a 2nd position lien. 

@Kenneth Jenkins you forgot to mention owners that expect a PMC to use contractors off Craigslist that are unlicensed, NOT insured and rarely have acceptable experience/skill - but, they quote the "best" price.These same owners will sue a PMC if using these types of contractors results in a tenant lawsuit.