One concern is that the warehouse was built for a single tenant, who subsequently bought out their lease and it has sat vacant for over a year.

More we discuss this, more we are convinced that its not worth the efforts and risks to get the smaller property right now and just focus on the timeline for the bigger house and subsequently rent out our current property. 

They subsequently raised ~$500K in equity to successfully on the transaction.

Upon sale, Related is capped at 12.5% total return, ensuring that LP’s and GP’s receive all subsequent funds thereafter.This partnership will provide the capital needed to execute the new full-scope renovation strategy, which the Plano market is now demanding.

We've worked together on that enterprise for 18 years.

I am contemplating the possibility of purchasing a second mortgage or an HOA lien to subsequently pay off the superior lien.

Daly proved that this never took place and that all the bank was doing was converting his promissory note (the value) into credit and assigning themselves as beneficiaries to his promissory note and subsequently separating it from the deed.

I also like to make it a condition that the seller deliver a couple of days before closing an Estoppel Certificate from the tenant where the tenant confirms:  (a) true and accurate copy of the lease and all amendments thereto; (b) address/unit they are occupying; (c) statement that Landlord is not in default under the Lease: (d) statement that Tenant is not in default under the Lease; and (e) statement of monthly rent and remaining term.This protects the buyer in the event there has been a subsequent written or verbal amendment of the lease (that the seller does not disclose) and prevents the tenant from making statements to the buyer/new landlord that are different from the terms of the lease that was provided to the buyer from the seller.Vivian

I feel Ike they pivoted quite a bit in the last few years since city and subsequent county license requirements spurred an STR plateau and the motivations are a bit deeper and multi-purposed now.Take parallel economies, such as Uber/Lyft, the ONLY two TNC license holders in the state and each year pay an excise tax of a few hundred thousand a piece, if not more (just for the permit, not including the whats taken from drivers).

Subsequently, I was pushed to the back of the line for my original intent, the Housing Inspection License.