Take ownership of your mistake and learn to do the proper due diligence recommended above😊

TIA :)  You can have a great plan but if you can't properly execute it, it won't work.

If you have a properly written power-of-attorney (POA) authorizing you to manage on behalf of the borrower, then you should be fine.Here's what we've done:1.

The reason I made the move to invest outside of my town was because it would force me to treat it like a business and find a proper PM instead of dealing with handymen and call outs etc.

Make your decision to hold the property or just take the hit and unload rhe property.I'm sure the master class got you pumped up to jump in with both feet, but I hope they spent time on running the numbers and doing proper due diligence.

Yes I did send the proper notice regarding imposing a claim on the security deposit to the tenant's last known address, but not to the LLC at a different address. 

Proper underwriting and due diligence (DD) processes are essential to ensure that projects maintain a strong risk profile while still delivering attractive returns.

Does anyone have a good advice on how/where to properly comp a multi unit property?

In 2024, my neighbor replaced the back part of the side fence (He paid for it 100% and didn't give me proper notice per CA Good Neighbor Law).

Jeff's first fix-and-flip presented a learning curve, but the experience highlighted the importance of proper budgeting and project management.