Generally if you are up front about the intention and the members are disclosed along with the membership interests and members personal financials underwriting can proceed with the formation docs to follow.

Very happy to see that you're not allowing the negativity (or unsubstantiated criticism/naysaying) to get in the way of your experience.Contrary to some of the garbage and unsubstantiated bashing regarding Account Closed' turnkey operation, my experience thus far has been one that inspires confidence rather than caution.

We are looking to wholesale outside of our chosen market to help build capital for projects within our chosen market (Louisiana) as I have potential deals in other markets and am not confident in how to proceed with them contractually, (don't want to be stuck with a bill I can't handle currently and also want to ensure I'm operating correctly).

I am looking for advice on how to proceed with this and what my legal rights are as a tenant in the state of Washington.

If the seller accepts the offer, (contingent on appraisal[as per court approval requirement]), How should i proceed in the situation.

Upon sale, gains are taxed as long-term capital gains, calculated as the sale proceeds minus your adjusted basis (initial investment reduced by any return of capital).

In your scenario, selling the relinquished property for $450K after completing a reverse 1031 exchange will allow those proceeds to repay the intermediary without triggering capital gains taxes, provided all exchange requirements are met.

@Brittany Farrell You may just have to proceed with your lawyer and see what happens.

Does anyone have suggestions of how I should proceed? 

Bottom line they were not real estate operators and for sure were not developers he raised all this cash the attorney got HUGE fee's and well after all the bashing and legal wrangling..