I property manage STR in the cape cod so this is actually good info

Good afternoon Jaycee, 6 make up the equity and they are currently under my name due to some past Refi's.I have actually proposed selling the trucking company to one of my drivers or at least giving him a percentage to recoup some of my initial investment.

Our agent negotiated us a credit for one aspect (floors) but given the true work that really needs to be done is there anything we can do at this point... like arbitration to cover costs of actual work that needs to be done.

If you actually need to do permits on everything or just structural fixes and big items (I.e. roof, siding, windows, etc.).

You can only deduct what you actually paid.

For those interested, a combination of mortgages with no “due on sale” clause, mortgage companies loose due diligence, and title insurers willingness to “turn a blind eye” to practices that wouldn’t pass scrutiny now, resulted in tactics like the “second mortgage crank” which not only allowed investors to purchase properties with no money out of pocket but allowed investors to actually walk away from closing with “cash in their pocket”.

It's a more affordable market and lower property taxes, so you may actually have a chance to cash flow.

I was referred to the actual developer, Rebar Development, by City of Fishers and am waiting to hear back from their Corporate Counsel.

I learned a lot through the closing process and also as an actual landlord having to deal with issues.

Of those two, I actually like the first one better because you have a competitive advantage to that market and the amenities you could provide.