All the sunk costs are in the basement from structural, mechanical, water damage, asbestos, plumbing, etc.

Is there any recommendations for how to work around this or structure the agreement to have the seller pay for the sewer without it being classified as a credit?

Was the structure different when you joined, was it a different program, or is that how they run the upper two levels of this program?

Here are some steps you could consider:Clarify Expectations in Writing: Send her a formal letter (via email and a physical copy if needed) explaining the importance of scheduling timely repairs and how delays have impacted the property and repair costs.

This is derived from the amount of equity we can contribute as the sponsor and the amount of equity we know we can comfortably raise in a 90/10 structure.

Hello, I’m curious to hear from experience investors about how they structure/ organize there LLCs.

Has anyone ever structured a Seller Finance deal where Seller funds (via equity) maybe 10%-20% down? 

And in my opinion, his book covers everything a newbie needs to understand: from asset selection, to evaluating sponsors, to capital structures.

Now, each lease will be unique, so you can't apply this across all commercial leases, but commonly, LL is responsible for exterior and structural components, while tenant is reponsible for any interior items.How to best explain this: honestly, I would request the tenants have their own legal counsel review their respective leases.  

If the dirt is amazing then if problem with the sponsor, the structure type, the tenant type, the debt type in the future you generally have options to cure.