You must keep the tenants security deposit at a bank that physically operates a branch office in the State of NC.  

I may be 19 but that does not have any factor in how I efficiently operate my business, as you can see.

Great job on the due diligence or Operational process you have going.  

I don't understand why they operate this way.

You should always make sure to work with someone boots on the ground who has good relationships with the city so they can make the onboarding process seamless.

Detroit is appreciating rapidly, due to many factors, and it still cash flows or at least allows you to operate near break even.

So I think the operative wird is balance.Note - Most of my career in Construction was spent working for exremely wealthy people that you speak of. ($12 mm dollar houses and all that....)

I am guessing his hands are tied as Norada is simply the marketing company and I am guessing no operational control of Wagner.

The first 6 months are acquisitions, removing non paying tenants, and taking over operations/management which is just the beginning of the stabilization process.

They literally went through each operating agreement and prepared an email listing out each member of each LLC and clarifying they each had to guarantee the loan despite the fact none of those entities were even being used for the purchase (which was previously explained to Dominion Financial).