I've been listening to Michael Blank's podcast after he was a guest on the BP podcast, and he talked about deal syndication.

Please tell us anything else that you would like to share:Most of the questions are required and the email won't send until they fill in the blanks.

I have been drawing a blank on how to accomplish this.My best idea so far is to pay a higher percentage of collected rent to the management company, and then they are on the hook to pay for all repair and maintenance costs.

I've seen cases where BPOs were done without the agent/appraiser even going into the property, so to say that the bank has factored rehab costs into the equation is many times flat-out incorrect.On many occasions, I've had the bank come back and say, "Please submit 3 bids to support your offer."

@Jennifer Blanks...I agree with Michael find out your investment strategy first.

(Blank)https://isvr.net/usr/1587300189/CustomPages/htdocs/F9.pdf(Example)https://www.tarnet.com/pdf/2014BrokerForum_AllForms.pdf

Do I send a blank lease in the mail for him to send back signed?

If it's blank, you weren't prorated rent from April 2 to April 21, so I would think you could include that in the notice, but I'm not positive.If you're unsure about how to handle any of this, you should talk to a RE lawyer to make sure you handle it properly.Hope you get it worked out, keep us posted!

They take care of the settlement statements and hold an assignment in blank.

Blank