It's... not an ideal situation and we're kind of working our way through the grieving process.

Are there specific advantages or potential pitfalls I should consider when structuring these activities through my LLC?

While I haven’t invested in NYC specifically, I can share a bit of perspective: For a 3-year timeline, buying can make sense if you’re confident in the market’s appreciation and can find a condo with flexibility for renting it out later.

These are not specifically real estate related.

If I uncomplicated the situation a little, do you have any advice on how we could make something like that work?

I noticed that Chase and Bank of America charge fees for wires unless you meet specific criteria.

I have spoken to both a mortgage banker and a modular cabin company and explained our situation.

Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Short Term rental market/AIRBNB.Also if there is a specific group for Australians and short term rentals for Australian market/Australian tax system etc, do point me to that.Rod

when the OP said the bank is WILLING to take 91k to me that means or infers a default situation and a discount..

It sounds like you are missing a conversation with the tenant to understand the situation.