The Q is did I not formally cancel the deal based upon my call & verified time stamp on the cancellation text?

If you learn to raise and organize capital well you can fill in the formalities of the syndication a lot easier by working with experienced syndicators in your chosen product type and offering them value in trade for knowledge. 

They can not introduce any new provisions to the lease formally.

I also help plan a meetup in the city - but it is nothing formal.

Its great to hear that you dont need a degree or extensive formal trainging to get started, I almost went the route of getting my realtor license, but this world on BP seems to have bigger opportunities.

But they are real estate professionals, many with formal research and investigation backgrounds and all with million-dollar pockets, and casual here-today-gone-tomorrow looky-lookies are not going to compete successfully with them.The best advice I've ever heard about spending money at the auction went something like this: if you can't afford to drop the money you've budgeted to spend at the auction in a pile on the sidewalk and burn it right there, if your business model can't survive that, don't bid.Again, I would say a real estate auction is a great place to learn a lot about real estate by studying and watching, but it's not a place to learn by trial-and-error.Best of luck to you.

I currently have (3) rental properties and was wondering what other landlords do for quarterly inspections- if you do an informal walk around of the outside and inside of the property or if you have formal checklist to standardize the process.

I left a message for them both stating that they are still considered tenants and owe rent for Sept. as we did not get a formal 30 day move-out notice (I am taking a wild guess but I don’t expect that their check is in the mail), and that if they call back with their situation and move out ASAP we may be able to work out a deal, pro-rate or something, but either way we need to know the situation.Any suggestions as to how I can legally get them out ASAP, or way to safely clean up the place without having the liability of touching any of their remaining items?

However the fewer corporate formalities you follow the higher your risk.

Secondly, after going through this, I'm beginning to think that a more formal transfer would be more prudent than simply making out a quit-claim deed and having the mortgage show up on the books of the LLC.