Once the building is sold it generates a Section 1231 Gain and that can be offset by release of the passive losses from the syndicate that have been carried forward.

The under writing doesn't carry for a 1.25 DSCR which (at the moment) is the golden rule for banks and commercial hard money lenders. 

I'm not terrible afraid of being 100% leveraged but carrying the total DS on the HELOC and mortgage is making it tough.

So how many times did you have a Due on Sale Clause enforce good question when my dad started this in the late 70s and I was a new agent working with him. it was all owner carry notes  very few banks notes.. as such we never had ONE called that I can remember.  

Procrastination will only cost them more. yep. carrying costs alone, but also if its not your money and investor money - some will try and drag it out. 

I took title to each in a separate series of my LLC, which is the same as per entity protection as having each in a separate LLC but with the organizational and accounting costs of having a single LLC.In the case of each I carried hazard and liability insurance for the INTERIOR of the condo while the HOA carried insurance for the “common” areas, including structural.This particular condo was on the second floor, with retail and office space directly below.  

The Local market is not what carries value.Quality based on grade of wood.We already covered general pricing above, based on Processing stage. 

Just be aware that (1) you can easily do whatever it is Tardus is selling much cheaper elsewhere (2) Tardus special investments for members only are mundane investments available at the same terms to anyone with a computer and internet connection and (3) the strategy of borrowing from a HELOC to juice returns carries with it a much greater risk than is apparently disclosed. 

You just mitigate it as best you can, carry good STR insurance and roll the dice!

You will truly be raising the clock, as each day will cost you very significant money.  12% interest on $250k is $2500/mo, or about $80 per day in interest, not including your other carrying costs (utilities, property taxes, insurance, HOA).