Although I don't personally like the trends, they were supported the City of BBL's October Compliance & Occupancy Data, which provided the following:1 - The occupancy rate for October was 38%, which compares to 55% prior year; 2 - Average nightly revenue dropped by 36% on a year-over-year basis; and3 - Demand decreased by 22% on a year-over-year basis, while SUPPLY ALSO INCREASED by 13%!

Maybe it will motivate them to make the repairs and give you a Certificate of Compliance so you can move forward.Even if they comply, I would probably file a complaint against both REALTORS once the transaction is closed.

However, Matthew reminded me of my long-term investment objective and assured me that the property would appreciate, given the strong real estate market in Alabama.

.- Chevron- Tesla- Oracle- CBRE- HPHmmm, Jerry Brown and Gavin Newsom assured us that no company would ever leave California because of taxes, must be all of the other things. ;-)

If so, then the seller will have to turn those funds over to you once he receives them or be out of compliance with your agreement.  

You can keep all your properties under one roof, so to speak.Cost Considerations: Keep in mind that setting up an LLC comes with some costs, like filing fees and compliance stuff.

The syndication model will not work for small deals as the legal and compliance costs are not justified for raising small amounts of money.* The customizable fund can be used for raising money for a single deal or investors can invest in a bucket of properties so their risk is diversified.Please reach out to me if you would like to learn more.

Compliance issues regarding local landlord regulationsE.

A Rep named Alexandr Oveskov contacted me on Fb and continued to follow-up with me assuring me how customer friendly their service was.

I did tell them that I would take the states off since I did not know it was a compliance issue (even though there is no specific requirement for business purpose loans on the NMLS website), and despite my efforts of only promoting myself as a CA lender, I got on the waitlist to rejoin since there are so many lenders joining the program apparently.