Having to pay more for what is ours seems unfair.. but its better than the alternative.

It seems evident that this tenant can no longer afford an apartment like this, so this would give them a time to come up with a plan to find an alternative.

I've never heard of a "cash for keys" option as they stated above but it does sounds like the best alternative than waiting for a court date.

It’s an alternative, and not necessarily a good one, to capital call or foreclosure.I think that as a community we need to hold all syndicators accountable to outcomes for investors, yes, but also we need to be practical about what the right thing to do is.A few syndications have handed the keys back, for nearly total wipeouts.

But in my opinion, it is a much better alternative.

If you decide to sell another strategy for you to consider as an alternative to a 1031 is a structured installment sale. 

@Patrick Philip Keep in mind banks will price there construction debt based on the Fed rate & expect to pay WSJ Prime +1/2 to 1 Point so 10% is not bad from an alternative lender at this time.

I am also looking alternative to my current platform.

She still left a one star review and airbnb refuses to remove it because it was her "experience" at my property even though I dont have a single other rating out of 30 thats below a 5.Anyways does anyone have recommendations for better alternatives?

However, it's also true that financing options can be more limited for LLCs, especially when it's a new entity.One alternative worth considering is forming a partnership agreement between you and your friend.