You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

That said, if you can comfortably handle the additional down payment and monthly payment consequences of a higher purchase price (and the lenders agree), and you have a few different good options with the property then it could be a wise investment.By a few good options . . . you want to have some exit strategy other than STR that will work in case the something happens to make STR uncouth in your area. 

Will there be consequences and if so what are they? 

It is actually the legal filing that there is a recorded foreclosure process that has already started, after the expiration of the letter that was sent informing of the lates and consequences of no action.* lis pendens is not just a note but a recorded cloud on title that there is pending litigation.

Since I'm the sole member of the LLC is there anything I need to be concerned about or consequences if I make a mistake? 

They need to do all their due diligence including understanding the value that will be added by the ADU, the finance options available, the consequences of adding the ADU (rent control, property taxes, rental limitations, etc), etc.Good luck

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

That's because it is a lot of work scanning and attaching each tenant's lease.Best, it will include a statement the tenant will release the old landlord from security deposit refund liability when the sale goes through, and look only to the new owner for any refund.Ideally, sellers should be required to counter-sign each letter, confirming the accuracy of the contents.Exact wording of the letters, timing of when presented to tenants, and consequences to the sale itself if some letters are missing or contain negative reports, are all deal-specific.Where does the "estoppel" come in?

I am a real estate investor and a licensed realtor. Occasionally, I assist fellow investors in finding suitable properties.
I have two clients who are business partners who are interested in making lowball offers on ...

This, I recognize, is a consequence of my decision to go Section 8 versus other avenues.