Over the past year, RTR has over 50 emails back and forth with this investor and mngt, attempting to sort out solutions.

My suggestion is that if you are going to make this a long term endeavor you definitely mention that.

Before you spend any more energy or resources on this endeavor explain the precise fear that has you wanting to transfer this property to an LLC.

Best of luck with your endeavors!

I would attempt to negotiate with LL the scope of work required for the discount.  

I’m planning on heading out to Indy this summer and attempt to create the relationships that you’ve made.

Any other ideas for the best corporate structure for this planned endeavor?

I am attempting to purchase a triplex and a duplex on a single 2.5 acre parcel.

Patience can be your best friend and if you attempt to over leverage a property it can come back to hurt you.Some will recommend buying subject 2 where you could take over an existing mortgage that could be at a substantially lower rate - but if the lender finds out and calls the loan that could also be very bad.

I understand in most cases you do not want to be purchasing a second position DOT and I do thorough research.The primary DOT has not issued a notice of Trustee sale so the beneficiary has not attempted to foreclose.