If I were you, I’d do a little reading on how a construction exchange works and then you’ll probably want to reach out to a qualified real estate attorney.

In exchange, I have first rights to sell the property through a power of attorney. once it sold, the seller get his agreed price, and I get the rest.

To navigate the nuance in the laws properly for compliance and to accurately structure our LLC, I am looking to consult with an attorney who knows immigration + business + tax laws. 

Get an attorney and get these losers out then hire a property manager to properly vet any future tenants! 

Talk to your eviction attorney.

The two of you would need to sit down with an attorney together and have a partnership agreement drawn up.

Hire an attorney to handle this, or it'll cost more and take longer than necessary.

Ambulance chasing attorneys know their way around and can legally navigate around Insurance Policies.

And yes, attorneys make money from forming LLCs, but they make way more when you were negligent and didn’t know what you didn’t know and end up in a lawsuit. 

A syndication was way overkill because there were only 5 capital partners so they customized an operating agreement with their attorney that outlined roles and responsibilities, distributions, membership interests, etc.And you don't have to have all this stuff figured out right now; it's very customary for us to assign the contract to whatever customized entity we end up forming.Just one caveat.