Through operating agreements (and company resolutions), you could move capital in/out if you need to adjust capital allocation.

Report them to the Real Estate Commission, if appropriate, and fire them ASAP if you don't get a satisfactory resolution.

Hard to start without them, should be cautious of doing business with them.The best way to approach that, in my opinion, is to seek an experienced lawyer to draft the syndication contracts AND to make certain that responsibilities, distribution details, PROBLEM RESOLUTION, and every other "oh no" scenario that the lawyer has seen or read about is covered in the document.

If I don’t like the inspection and seller wishes to negotiate beyond what I want as resolution I’m within my right to terminate without negotiation so it feels like my attorney just wants to close the deal anyways despite my protests.

If a bank ask you to prove that you are involved in the entity, they will ask you for a copy of the agreement and/or resolutions.

What is your Financial resolution of 2020?

Andrew Johnson “I use Appfolio out of santa barbara, ca its definitely not free and my property mgmt company passes those costs down to me which I think is around 50-60 bucks a month based on number of units under the service.I am able to see all reports from rent rolls, cash flow statements / trailing 12 month cash flow, tenant ledgers, maintenance requests, dialog between tenants and mgmt staff, resolutions to maintenance requests, move in pictures, move out pictures, or video, and many more features.What I like is that it allows the vendors to be in a dialog/text/chat box so they are prepared (vendor) prior to job assignment with lockbox codes, scope of work and pictures before they even go to the site so we dont waste time figuring things out and run up a huge $$$ bill for lack of efficiency.”

Our accounts are over drafted, and we are still waiting for resolution.

It, unfortunately, is pretty clear you have never done this before, and it seems you are to some extent spinning your wheels on what you think you are looking for and looking to do to create a resolution.

If there are issues negotiate a resolution, you can ask the seller to put leave one in escrow to handle repairs but given how hot the market is that will be a stretch.