Request a detailed list of documents and information from the seller, including financials, leases, contracts, capital expenditures, surveys, environmental reports, open permits, and the Certificate of Operations.2.Physical Property Due Diligence.

Tropicana Imploded Early This Morning: The historic Tropicana hotel and casino was demolished in a dramatic implosion, marking the end of an era.

They do not however have the knowledge, credit score, or physical ability anymore to fix or get into real estate.

Not without the following details:1. tax residency, and location of the physical asset for nexus allocation calcs2. personal tax filling status3.

Free cash flow and lessening physical and financial burdens is always a plus, it should probably be included in the business community goals I think leveraging your existing business cash flow to diversify your income portfolio is awesome!

The landlord can only deduct for actual damages, which can be physical damage to the property or lost rent.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

Henry to catch you up on this situation.. these were unsecured Prom Notes. that invested in companies crypto and off broadway theater shows.. there was no real estate to underwrite as non of it was secured by physical assets..

And the market conditions are unwelcoming (physically distressed inventory, difficulties with Ogden City, and poor tenant pool). 

If you don't have appropriate funds to enter a physical asset-- meaning physical risks, humans to manage, etc., then it's best to wait until you do or invest in a REIT.You're just not fit...right now.