I'm seeing renovated inventory sit, then trade well below list in a large portion of the ATL metro. 

What was your outcome?

Remodel What was the outcome?

Yes, there are some trade offs, but also some great benefits.

I Let you know what the outcome is, and Nathan, it will come to me filing a complaint with the State Board and possibly more, since they are costing me money at this point.

I'm a specialty insurance underwriter by trade; therefore analyzing deals and numbers is my jam.  

Given equity is always more expensive than debt, in my view the additional finance charges were a good trade off. 

This is not legal advice, just friendly information.This is the trade-off with LLCs.

RV parking. professionally landscaped back yard with covered patio; shiplap and painted accent walls What was the outcome?

In my eyes, all of the same diligence is needed in regard to sponsor and deal(s), but add to that prior operations by that sponsor, current financial analysis, current valuations in today's market with very limited trades happening as comps, what the effect of waterfall and fees will have on that position once you take over, etc.