If so you could have your agent research how to file a complaint or suit to get an order to release the funds.

Using LLCs and holding companies is less about tax structure and more about asset protection in the case of law suits.

If I wanted to get into real estate and had $80K, I'd find a place under $400K (because you need 20% down payment) ideally a duplex or a home with a legal suite in a good area. 

Californians looking to buy a house face some of the country's most expensive real estate prices and wildfires that threaten scores of housing tracts.I saw an article a day or two ago saying car insurance would/was following suit. 

Angel Oak has a suite of 2nd position products.

In the meantime I will continue the search for a new PMC and talk to our lawyer with the intent of filing a suit since odds are it will be needed. 

After a long search, I found the right trustworthy Mexican partner/builder which has allowed me to work on doing my own condo developments to enable to give a better deal to the buyers, including people who contacted me on BP and couldn't find something that suit their needs.

I briefly considered signing my STR over to an arbitrage group last year under much less favorable terms last year.If this suites you it may be advantageous.

I think there are two maybe 3 ways to look at this in my mind.  1) you go into it and bring it all up to modern standards but using that old charm to basically take what is there bring it up to modern standards and rent it out essentially I'm thinking cocktail bar or something trendy like that.2) most banks are on really good centrally located real estate if this is true, then I'd consider it for the dirt, plan to scrape the lot and go vertical with whatever the highest and best use is.3) a kind of combo of the two, if the lot is in a good location and its doable, pull the vaults or other "character pieces" out of the building, scrape the lot, and build whatever is best suited for the site there, but incorporate those historical pieces into the final designs.Is the site near a major retail area? 

Quote from @Walter Robinson: My 7 year old idea is to enroll in Karate class , Continue his Swimming lessons and play more Chess .