After careful consideration from our financial department, we have decided to return your holding deposit and not proceed with the lease.

I dont care to ever be a land lord, GP or LP, RE seems to be either a lot of TTT ******** or you invest as an LP have no control over what’s going on. 

If you wanted to be super careful you could have an attorney write up a new easement and record it for the benefit of future owners of both properties. 

I know I had sticker shock and didn't pay attention (I should have) to trying to appeal.

I'd think there exists an option for a loan of SOME sort that only cares about the value of the asset, and that the loan stays current.

They will also contact you if any repairs exceed $200 (I'm sure the threshold is negotiable), but will otherwise just take care of it (with their team, or your own if you have folks you prefer to use).I don't know what their contract actually states though so I'd want to look at that more closely.  

Be careful texting.

Hey Peter,First off, I understand this is a sensitive situation, so kudos for approaching it with care.

They need a lot of systems to be in place and need a LOT of attention on the marketing and maintenance sides. 

Here is onehttps://www.dummies.com/article/business-careers-money/caree...