But if you think positively and creatively, learn all you can about your new industry, you can keep a clear, focused and calm state of mind which will pay off tremendously in being able to say exactly the right thing at exactly the right time, in exactly the right way.I wish you luck in this wonderful, exciting and rewarding career.

Sorry for the rant, I'm just hoping to get some out of the box ideas or to be called an idiot and to calm down :) Thanks in advance everyone!

Just state calmly they need to take care of the property or move out.

- conclusion (my opinion only), a pretty generic deal with a young sponsor and middling to less than average financials (fees and waterfall)I think you could find better deals on Crowdstreet or Realcrowd.   

They would be entitled to 3/5 of the cash flow, and the developer would likely have their fee and also promote waterfall structure where upon hitting certain returns, their % of return in increases.

I am staying surprisingly calm considering how crazy it is that this is happening. 

Typically the sponsor (you) still pay a preferred return to the investor and then if property makes more it evens out (called waterfall).

Just a note.... when a tenant makes a threat to call the police, call their lawyer, or sue us.... our standard response is sincerely and calmly stated "Do what you feel you need to do."

I thought this was part of the federal ADA which would mean that this would be true no matter the state but perhaps I'm wrong.What I'm learning is that it is always best to treat tenants, vendors, contractors, etc as calmly and even handedly, as possible.

Telling myself this allowed my husband and I to stay calm.