Would this situation be kind of like a double closing or simultaneous closing.

My lender (Matt Popko at Guaranteed Rate) closed 2 properties for me simultaneously in ~25 days.

The property management firm would likely retain a portion of the security deposit to repair the damage during the make-ready process.The original poster stated that the management contract would terminate simultaneously with the lease.

Because you didn't include the "and/or assigns" you'll have to do a simultaneous close, if you plan to wholesale.

Must be able to complete double escrows/simultaneous closings, assignments, wrap contracts, agreement for deeds, etc. and handle our closes from soup to nuts.

I won’t say this is not a legitimate way to transfer ownership, but local city ordinances aside, I can’t see a more dangerous way to purchase a property than by buying its associated LLC.How is one assured there are no pending or potential lawsuits, unaccounted for members, or a prior/simultaneous sale?

I believe she nearly always does either double or simultaneous closings on her wholesales and may have encountered this issue.

It seems to me you can either sell the contract or talk to one of the title companies in town that does simultaneous closings.

I worked a while originating mortgages for a broker while also using my real estate sales associate license to assist clients as a buyer agent while simultaneously working the financing side.

It's a great way to earn and learn simultaneously.