They definitely know their stuff and seem like they set up a bullet proof structure.

.- The owner did provide proof of payment, and rent is confirmed $750, but always a few days late...Unit 2:- 1 BR- There was a language barrier, she didn't speak english, and I think she was afraid to open the door so I didn't get to tour it.

It is their burden of proof to show they were negatively impacted.

The only difference is they are also going to want a copy of the lease and proof the tenant is paying.  

Members on the board with integrity… but on the boards…there are also sharks… a friends/associates of sharks.Do I have absolutely proof?

Hopefully I am dodging a bullet on this one.Our neighborhood owners group is also petitioning the DOB and Elected Officials to take possession of and tear down the building.Thanks and I will continue to update.

7) If they are wanting proof of funds for the cash offers, how do I do this if I'm moving the contract to someone else?

How do you guest proof it?

Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....

I'll try to bullet point the details for simplicity. 1.