They got into escrow, and then the tenant started to create a real challenge for the seller and ended up taking them to court for performance/lot line issues on the property.

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

I would love to meet up and chat!  

If novations are done using a broker, it's straight up CYA.

Mortgage Balance: $430,000 Monthly Mortgage Payment: $3,100 Current Rent: $4,100/month (below market rate, planning to gradually adjust it during yearly renewal to eventually catch up to the market rate) Appraised Value: $900,000 (purchased for $657,000 8 yrs ago) Managed by a property manager Loan assumableProperty B: Located in VA.

I would keep the brokerage account and focus on the tried-and-true practice of saving up for a new investment.

So, you will need to stand behind the LLC's debt even though the debt will be in the LLC's name and not on your credit report.3.

When I attempted to do a similar flip in another county in Texas, where I was unfamiliar with the nuances of the area, my “slam dunk” deal ended up as a $40k loss!. 

How did you come up with $715,000?

Unfortunately it blamed you for that.I would call them up and make sure they understand it was the potential guest and not you looking to book off site.