We still own the condo, we just have tenants in there who are willing to pay the HOA fee and the increased taxes in order to access the slightly better school system up there.Bottom line, someone who just shows up alone and out of the blue, says they make 3x your rent, offer you nothing else when you explain the income verification problem, and object to a month-to-month rental contract or an increased security deposit, well, they're probably lying about how much money they make.

The purpose of the Management Co is to deal with any third parties such as vendors, contractors, attorneys, banks, etc., and to create privity between the entity that holds the actual assets of Investment Co and Management Co. 

Beyond that, I used to do this and was the General  Contractor side of the deal.

I'm a licensed contractor and just sold my second flip.

Is it the city with permitting issues or is it the contractor doing the work, etc?

I thought to myself, no big deal it's only a few thousand more to get my plumber in there to replace it, but once my once my contractor got in to fix the floors (which were buckling) he saw a cyclone of termites.

I can place properties under contract but I can't find the financing, I have contractors who are ready to work, and a realtor to list.

It sounds like the transaction is close to closing, which means instead of finding a new buyer, they'd likely be open to reasonable concessions.Included full clause below...FORCE MAJEURE: Buyer or Seller shall not be required to exercise or perform any right or obligation under this Contract or be liable to each other for damages so long as performance or non-performance of the right or obligation, or the availability of services, insurance, or required approvals essential to Closing, is disrupted, delayed, aused or prevented by a Force Majeure event.

@Doug Spence check out https://symbium.com/ it's a good site that let's you see your lot's feasibility and connects you with ADU contractors.  

Get (business) married - form an LLC for long-term partnerships. there are various blends of thisDo you ever see partnerships where 1 person finds the deal, contractors, etc. and the other person finances it?