@Jackson Hanssen is correct here, you can only 1031 exchange into property with the same taxpayer.

I wouldn't call it a correction.

But this is the property that needs the most attention as far as making little price adjustments, top notch guest communications, great team on the ground, etc.Adding a theme to one or more rooms is a must.

An LLC is not necessary, but there may be benefits if you understand what you are doing and do it correctly.

Maybe they communicate differently but have good intentions.

Closed refi in September after 3 appraisals to get correct valuation.

The emails themselves make it sound like I am communicating off platform and taking business from them.

Quote from @Diran Deukmajian: Yes, you should send them to collections.Andre is correct that you may not get anything back.

I’d love to hear about the red flags to watch out for, so I can hopefully avoid the same headaches.For me, clear communication and transparency upfront are key, but I know not every lender operates that way.

It is not a distribute if setup the correct way.