That means scheduling the work in the right order, making sure materials are on site for the subs when they need it, and being available on site to make sure the work is done to your standard, and to resolve any problems that will definitely come up.I'd definitely find out what permits are required. 

Having to pay more for what is ours seems unfair.. but its better than the alternative.

It seems evident that this tenant can no longer afford an apartment like this, so this would give them a time to come up with a plan to find an alternative.

They seem to require high quality materials and  craftsmanship to maintain a level surface.

However, it's also true that financing options can be more limited for LLCs, especially when it's a new entity.One alternative worth considering is forming a partnership agreement between you and your friend.

I've never heard of a "cash for keys" option as they stated above but it does sounds like the best alternative than waiting for a court date.

It’s an alternative, and not necessarily a good one, to capital call or foreclosure.I think that as a community we need to hold all syndicators accountable to outcomes for investors, yes, but also we need to be practical about what the right thing to do is.A few syndications have handed the keys back, for nearly total wipeouts.

At that time, RCA’s general contractor was given access to examine the units to pre-order all the materials needed for the 4 apartment renovations.

So you need to make material changes to your listing to justify duplicating it, not just because you want to get around some Airbnb policy.  

But in my opinion, it is a much better alternative.