This decision was not made lightly and comes after thorough deliberation and analysis of our current financial position.This requires us to exercise our right to convert your Note and issue equity (aka membership interests) in Norada.

We do some cosmetic improvements to bring homes to our standard, typically carpet and paint, upgrade lighting etc.

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.

Move on from "tire kickers" - deals that waste time and energy!!! 

If the prices work where you are, I think with your experience, you could go right into a four-plex and do fine, especially if it was light to moderate value-add because of your knowledge and connections.

People had no idea what to do at stop lights, gas pumps didn't work and those that already pumped gas couldn't pay because the attendant couldn't take cash, the lights were out in office buildings and hotels, grocery stores were worried about frozen and refrigerated food going bad, theme parks had people stuck in rides screaming to get off.

Based on the local market, $15k for renovations seems light—have you had contractors confirm this budget? 

Hold on and get ready for light speed payments! 

One buyer could take up a lot of your time and energy and there is no guarantee they'll stick with the deal.

Hey Joshua,I'm currently in the throws of a development project in Brooklyn, and the $300 a sf model is a little light, especially if you plan on decent finishes.