Balancing these responsibilities with the demands of this project, including finding suitable contractors, organizing communications, and ensuring timely responses, has proven to be quite demanding.In light of these circumstances, I am seeking insights on potential additions to my real estate team that could streamline this process and enhance its efficiency.

Ultimately, he is obligated to pay the balance of the lease if he wants out, but this is a legal issue that is not worth fighting in almost every situation.

For all we know you are an LP who owns 1% of these properties ownership structures or you are someone who helped raise money for a GP and in return was awarded the "co-gp" title even though no bank will ever accept your signature because your balance sheet isn't sufficient.

The interest is a set percentage that is based on the balance due and is often bundled with the monthly installment of repaying the funding.

Hey BP, I have seen some people have been asked to give a down payment just to apply for a loan (in the last conversation I had , it was with an investor who needed a commercial loan) How common is this and why is that even asked before the loan has been given, would it apply to the balance eventually? 

Therefore, its your balance sheet/credit worthiness combined with the real estate (banks collateral) that will be considered in extending financing, not the LLC.

Now as we know its totally illiquid and I just carry it on my balance sheet at a very low equity number..

(I was 'permitted' to do all the work myself).Sold it with 50% down & we hold the note for the balance @ 5.75%. 

Oh and I can be analytical, I have a great sense of humor and I’m a Libra, so all about beautiful surroundings, balance, fairness and justice.

I have read about it over the years and while is seemed a big far-fetched when I was younger, I am now at a place where I can see the logic of the expansion over multiple properties - I think it was the BRRRR method that really sold me - where each property can contribute to the down payment of the next property (Still have a lot to learns about the mechanics of that and the balance of the extra monthly payment cost of the cash out re-finance, but I can visualize the logic of the concept).Sincerely,Joe