However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.

Demand termination of the contract and transfer all documents, funds, keys, and anything else they have to you or the new PM no later than [DATE].

However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.

However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.

One, you might want to consider Seller Financing (in Michigan, we call it a Land Contract) which can allow you to buy property while using the Seller as Banker; not all Sellers are open to this, but it can be beneficial to both the Buyer and Seller.

@Clinton Davis The Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA) have been reinstated after a temporary injunction, with initial reports now due by January 13, 2025, for companies formed before January 1, 2024.New entities formed after January 1, 2024, must file within 90 days of creation.

You may want to consider a similar approach.While having an experienced PM and knowledge is beneficial for you, it means very little to a broker or seller. 

You search for existing guides, select the best and provide the link or the document to your clients.

For your first deal, it might be beneficial to try doing some of the simple work yourself so you know what goes into it.

Then there’s fraud or misrepresentation, where borrowers inflate project values or provide false documentation.