It’s in Hoboken which is a strong market so I’m inclined to keep it but would consider selling if someone could prove to me that made more sense.ThanksChris @Phillip Davis thought I would mentioned you because of Huntington  

Those who fought the lender tooth and nail for years in that lawsuit have an inclination to fight to stay in the house, and they could be more difficult to get out.

Some investors chase deals everywhere but I am more inclined to laser focus in a chosen market and strive to be the best at it.The key point is to remember Real Estate isn’t a get rich quick gig but eventually you will become wealthy as long you don’t buy in bad areas.

You may have trouble financing and getting through the appraisal if what you're describing is the case.I'd be inclined to reduce my offer and just take on/manage the work myself. 

My day job is running an M&A program for a mid size software company so while I know my way around financials and legal matters, I'm just getting started with rental properties.1) As easy as it would be to pierce the veil on the sole member LLC, I'm still inclined to have it as I just like the comfort, separation and plan for growth.2) I understand getting a any bank to loan a new LLC for a property will be difficult and I'll likely have to put the mortgage and title on the rental property under my name personally.3) Can I have the mortgage and property under my name personally and still have the lease and all other business functions under the LLC name?

I'm incline to keep this thing and let it ride, but wanted to know what some of you would do in our situation. 

My inclination is to take the mortgage and keep the remaining cash to use toward additional property investments - we've been talking about investing in real-estate for some time, and I'd like to try our hand at owning a rental (maybe small multi-family). 

AND, you actually have to have the inclination. 

, so I am more inclined to shoot for 10% COC at this point.

But then again, rather than focusing on the nuances of the waterfall I'd be more inclined to focus on what really moves the IRR needle, and that's the cash going IN to the waterfall.