Our only notable closing cost on the sale was an attorney fee of about $5k.Long story short, if you’re a real estate investor interested in another asset class, perhaps consider acquiring a small business like a laundromat.

Any help would be appreciated before I pay attorney fees on this one. 

For those that have yet to do this, it takes less than 10 minutes if you are a single member llc - just make sure to have a copy of some sort of identification. we did all of ours .. and our attorney contacted us as well and let us know to get them done or he would do them for us. 

And considering I think a person who puts in plain black and white that integrity and character of the operator are key -- and then does something underhanded and incompetent is just mind-boggling to consider -- so I'm only left with a negative feeling about the documents these darned attorneys dream up! 

@Cynthia Lee you should confirm this with an experienced landlord-tenant attorney!

First, think about asset protection and consider whether holding your property in an LLC or similar entity might provide liability advantages—consulting a real estate attorney can clarify your options.

During the 2years we’re spending $ on attorney fees, and I’ve got that “queasy” feeling, especially since it’s questionable whether or not the properties are worth the amount we are owed. 

Building a relationship with local real estate attorneys or agents specializing in STRs in the area can save you headaches down the line. 

Subject To isn't by it's nature fraudulent, it's just the hammer the attorney will use to try to win his case.

DM me, and I will send you contacts for attorneys, lenders, and accountants they have previously used.