Going the attorney route will take time and money, but it could be your best bet if the developer refuses to renegotiate directly.All the best!

What they ARE doing is deceiving their clients by billing them for more time than they are actually performing.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

I'm not a lender so make sure to double check, but I believe the DSCR loan will be the best bet.

If a property fails these benchmarks, it’s likely not worth the time to perform a deeper analysis.Risk Management: By adhering to these rules, I aim to minimize the risk of overpaying for properties or underestimating operational costs.

If they weren't okay with this, couldn't you just perform a double close?

It would be interesting to do an analysis on the 10-20 year return pattern of cashing out a portion of your funds, pay the tax and invest in potentially better performing assets vs the REIT returns. 

1/3 of an acre on a corner lot isn't that big, and I bet not split able.

Nothing sits on the market for a year that isn't wildly over priced, poorly marketed and/or made difficult to show.Potential buyers have probably tried to see the place and are being denied or some sort of nonsense to make them not want to make an offer.I bet the realtor will have some interesting info to share - or if they won't say anything to you bc their agreement is with your partner kindly share with them that the houses are in your name and the listing's need canceled immediately unless they start cooperating.Have you laywerd up yet?

I'll bet these guys don't.