I believe that is the fastest way and easiest way to get a judgment too, correct?

Addressing Tax Issues and Investment ReadinessAmending Taxes: Address the tax filing issue promptly by amending the 2023 taxes and ensuring correct reporting moving forward.

Communication with the Current Property Management Company•First, establish open communication with the outgoing PMC to coordinate the transfer of information and documents.

You could say you are the manager which is true.Carry correct insurance and take care of your properties and you should be fine.

If the numbers do not look promising, they will not lend and that tells you something was not figured correctly. 

I would recommend you speak with your tax advisor and set it up correctly from the start, whether an LLC, Trust or something else.Also consider states different laws, maybe find a state with more friendly landlord protections. 

with my agent, knowing the numbers, and finding the correct kind of distressed situation.

The City Inspector does not add on more work...assuming you have the project correctly estimated in the first place.

For our bookkeeping clients, as a placeholder, we usually do an 80 (building) / 20 (land) split until we have the correct figures from the county records (it takes some time for those to post sometimes) so their bookkeeping records show something we can refine later.It looks like you got some good insight from others too!

But if all the info is correct, our rate would be 6.74% with a 1 year PPP.2,500 origination and 1,505 underwriting fee.