COGO Capital is the great harm money lender.

As the LLC builds up cash it starts to have substance so more conventional lenders will consider lending to it.Also note that many lenders who do lend to an LLC figure that as the LLC is a company the loans should be made on commercial terms.

Thanks John - it looks like he was using the site soley to promote his vacation properties . . . all sell and little to no substance.

If EMC agrees to sell to him, then there is no harm on your part as you have done your fiduciary duty to the seller.

"Form over substance"Inflict pain?

This triggers a conversation where I explain my intentions are not to cause harm to anyone or take advantage of anyone in this business and that I am making this my career (then they calm down and relax). 2) As an agent working on creative deals, how do you navigate your relationship with your Employing Broker?

Naturally, these factors harm your ability to do the buy and hold path.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

Not common, but unless the buyer is trying get out of their listing agreement, then no harm no foul.  

@Bryan DevittI agree, at this point opening the walls can do no harm.