Am I correct? 

Asking in the correct forum will get a better response.Read the RULES!

Correct, it’s a long process with no guarantee of success.

AlyssaIt is great if you have the correct team and have boots on the ground and meet them in  real life and vet them..:)

And those also only have a limited ability at best to generate a balance sheet, which you generally want to include on a 1065 return.came here looking for answers to exactly this question, and David is correct re: why.

The units all have tri-paint jobs with ceiling paint, a nice wall color and super-white glossy trim on everything else. 

If I am correct (sorry if I have that wrong), there isn't a big win in it for anyone, even an underperforming asset, to help someone get some experience on their listing.

Have 2-3 contractors look at the job and get written estimates on what it's going to take to finish the job, correct the mistakes, pass occupancy certification etc. use those estimates in your countersuit / mediation process. 4.

This is a good note though, and something as a piece of the corrective measure. 

In the next 100 days, I do think we take a little breather, or as the finance folks like to say, a correction.