We have moved away from C class units as of late and are trying to stay in the class B/A market.

Quote from @Alex Fierro: Greetings, finding a business/real estate lawyer that will actually return calls or emails has been taxing so I decided to post here to get the advice from all the gurus.

I start with cleaning and repairs, then I apply it towards utilities, legal fees, late fees, and rent, usually in that order.I also have a holdover clause that says the tenant is charged 4x of the monthly rent, prorated daily if they hold onto the property after lease termination.

.* A notice of default is not a letter sent by a creditor saying they are late.

I’ll provide an overview of the situation and my thoughts/attempts on how to structure the deal.Owner: He is in his 70s, payed off asset, appreciates the return profile of his property but is no longer interested in the management and hassle aspects.Details: Before I even asked, he mentioned that he isn’t sure where he stands in terms of depreciation and is somewhat concerned about the tax implications of selling.My initial approach to discussing creative financing: Me: "Have you heard of or would you consider seller financing?

Quote from @Seth Timmerman: Quote from @Elwin Green: Hi, all...Half a lifetime ago, in the late 80s and early 90s, I took a run at real estate investing.

You’ll start generating cash flow immediately, but the returns might be lower.BRRRR: If you’re willing to be hands-on and can manage renovations, BRRRR offers higher potential returns and helps you recycle your capital.

I worked for a big syndicator that got wiped out in the late 80s in N.

So don't get frustrated if they don't return your call or aren't in the office.

Do people not understand that’s a guaranteed 0% return for 10-15 years?