Tying the properties together and dealing with partial releases when you sell or refinance one, etc. can all be a headache.

So as a result of my “asset protection” procedures, the end result was that instead of being sued personally and having to spend the time, money and emotional stress of both defending my self AND suing the insurance companies and condo association, the plaintiffs accepted an ASSIGNMENT of proceeds and signed a form releasing me and my LLC from liability in exchange for the right to go after the insurance companies themselves. 

I've always gotten a signed "authorization to release loan info" from the owner on record. 

Talk to your tax advisor about how to release your passive activity losses based on your situation.This post does not create a CPA-Client relationship.

It's important to note that SEC regulations can evolve, so for the most up-to-date information and advice, you should refer to the latest SEC releases or consult a legal professional.

Bank would want 20% down (200k) and the State on board prior to releasing funds for buildout.

Easy to release if needed.  

I understand this is part of the learning curve, and once I can have the PM "release" me, I might consider it and save 3k/yr!

By way of example, a lender may charge retainage, only release soft costs upon C/O, may limit loans to a set number of draws or only allow draws once a certain dollar amount of work has been completed.

Initially, the mayor did a press release saying they wouldn’t allow any unrelated occupants to live outside of a certain small area.