My biggest concern would be the possible damage you can't see and if you only have 3 years of life on it, you'll conceivably be back in this spot again very soon.

Well, in listening to "Mistakes to avoid when Gator lending (2023)"  there are bigger worries to be concerned about than are spoken of in the "gator training".

BUT, being sued, and loosing is extremely rare if you're reasonable careful.

Its caused him to go in to extreme debt and he just needs to get this handled. 

I thought it would be extremely formal guys with briefcases and way over my head. i felt it rapidly grew my network, knowledge basis, and confidence that has propelled me to be successful in acquiring 300+ units over the last 4 years. 

A post on recapture:People are concerned about recapture when they cost segregate their improvements and for good reason.Recapture is real, and those deferred taxes will need to be paid.But fear not!

If you're using your real estate license as a means to make the same/more as your W2, then you will face an uphill battle - unless you work extremely hard. 

The sandbags also concerned me and I would be looking in other parts of town for sure.

Generally, I've found that people are more concerned with the content, thoroughness and responsiveness of my emails than what suffix is attached to them.

$400,000 seems extremely high for a rental property.