The property was being lived in....of course it could use a refresh which we also agreed to do a deep clean for you....fact of the matter is is that you chose to walk away from our agreement prematurely and ended up having to go about it on your own.

To say I am shocked is an understatement.Finally, when I sought out their tax strategy services, I specifically asked in the informational meeting if I wasn't acting a little prematurely, and if I should wait for my partner and I to be married in 2024 before making this investment, i.e. if tax strategizing would pay for itself in 2023 via significant tax refunds.

It feels premature to sign a purchase agreement without agreeing on a price or even seeing the property.

Or when little Janie's Dad noticed the "shiny newish toy" was just a busted piece of junk held together with bubble gum, and it was obvious the "nice kid with the back-pack" new the whole time and let Janie think it was something else.... 

Many investors learned a hard lesson when the STR market took a hit initially during COVID.Until the shared living space concept matures, it's probably premature to skip the above investment evolution.

My challenge is that I don't know when exactly I will be able to obtain the STR permit from the city, so I don't want to convert guests too prematurely. 

If your expert determines otherwise, then maybe you have a case that its a bubble gum/bandaid repair and treat it accordingly asking for a proper repair.

However, if for example, the company did not install or disconnect the washer and dryer correctly (such as leaving a valve on) while water is turned off prematurely, causing damage, what language do you put in the Lease to also hold other parties accountable such as ALE and appliance install company?   

Quote from @Adam Michael Andrews: The whole point of investing in a note is that in a downside case you have some sort of surviving claim in BK even if it suffers a haircut or is equitized at that point.The fact that you are prematurely converted to equity in a default situation means you have the equity risk via that clause but have a capped upside if things go really well.

I personally sold close to 30 I owned in an ascending market (sold prematurely) and know plenty of others who have had the same experiences in markets across the US.