The other practical aspect of this discussion that needs to be observed is that if you have a complicated asset protection set up, once there is a significant claim in which you desire the setup to protect you, their is a good chance it will be put under a microscope once litigation commences. 

They are almost microscopic but still there.

They are almost microscopic but still there.

Charles, Lot's of times it is all cash sales to park money or 1031 buyers with poor planning willing to pay low cap rates to avoid a tax penalty.If cap is low and LTV is high 70 to 80% you better believe underwriter for bank is looking at everything under the sun with a microscope and questioning everything.

This means that real estate brokerages and professionals are under a microscope, and any anticompetitive conduct is likely to be detected and prosecuted.Price fixing can be in any form, other than commission rates, such as conspiracies to fix the length of a listing, the type of listing accepted (exclusive right to sell, exclusive agency or open), or the formula upon which compensation will be based (flat fee, percentage of the sales price, or a variable percentage depending upon the sales price) also may be per se illegal.

The "pay or quit", eviction notice or eviction filing, the inspections, once a week (or more) phone calls... all were intended to let the tenant know that they were under the microscope and would remain so until their rent was either paid or they were gone.

Probably a good thing, can you imagine what some business filing requirement might look like if your cable provider gave some public notice, you'd need a microscope to read it!

I have been involved with several funds and even have co-written them with a partner that used to teach how to create syndication's and funds on the college level.What I do know is that you need to be very careful on every single little issue or you are creating an unnecessary long term liability where, should anyone complain, or heaven forbid not be satisfied with the return and put your fund under a microscope - how will it look to them?

Anthony, anything will work as long as it is not under a microscope.

You have the right to inspect so immediately would be a good option in the event they may react negatively to the notice to pay.Once you have a issue they are no long desirable as a tenant and should be kept under a microscope until they move out.