Filing, and the subsequent serving on the other party, often gets things moving.The dollar amounts handled in small claims court are small enough {cut off in NB is 12K}, that it is typically impractical to engage council.

If your child LLCs already have operating agreements, you just draw up a resolution stating that the members have changed (needs to be signed by the previous and subsequent members).  

That's doubly true in a market like Houston, where the higher positions are FAR over priced for the subsequent performance increase they give (you can think of this like stock prices - a stock can be for a great company, but can still get far overpriced relative to it's actual value).Anyway, not to bore you with nerdy stuff.

There are other structures where splits shift to 100% to sponsor after the pref to catch the sponsor up before the subsequent waterfall tiers and probably a thousand other structural nuances but a lot of that stuff is just either ridiculous, disingenuous, or downright designed to be confusing so that the investors can't possibly figure out how much the sponsor is getting.

Without getting too political, and to keep it brief, I do not think the bill will make it out of the subsequent committees.  

They'd remove of all the tenants stuff 'carefully stacked on the front porch' regardless of the weather, with a subsequent lock change. 

How do you finance subsequent properties when the bank takes into consideration the borrower's "DTI" ratio?

A claim and subsequent lawsuit are a time bomb for many self-managers, as they assume an insurance company will pay a claim for gross negligence. 

That doesn’t mean it won’t go UP in subsequent years, but it’s good to start with the current rate vs. a higher premium for a brand new policy. * DISCLAIMER: I am NOT an insurance professional - just a professional who’s been asking a lot of insurance questions lately.

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