This accepted sophisticated investors. 

If you don't meet the accredited investor qualifications, you should be able to find some syndicators who accept sophisticated investors. 

On a per unit basis, that works out to be $0.50 for the DocuSign monthly subscription PER APT.So for Building 1, which is a 4 Unit Building, I have a $2 ( 4 x $0.50 ) automatic transfer to the Common Expenses Bank Account.For Building 2, a 3 Unit Building, only $1.50 ( 3 x $0.50 ) is transferred to the Common Expenses account, etc.All of these are automated.I'm not sure if my style of Management is considered complicated to most of the Managers here, but it's so easy for me to Add or substract Partners in my Portfolio, run reports (for instance, what are the utility bills for the year across all properties to see if any is out of whack), generate tax return numbers for all the partners even if they own different buildings at different percentages, etc.I guess because I buy multi-million dollar properties, I always envision having multiple partners, which then leads me down this road of having a very flexible but sophisticated way to handle the Operations.

A list I have put together are the following:- Last 3 years of P&Ls (both general and detailed)- Last 3 years business returns- Last 3 years SCF- Last 3 years BS- Last 3 years general ledger- Last 3 years worth of bank statements- Last 3 years sales vs customer history- Last 3 years of payroll reports- Current lease agreement- Other fixed monthly expenses?

Greystone would need to include that recommendation in its Covid-19 Forbearance risk memo and discuss with Fannie Mae for approval.Answer - Freddie Mac SBL: Borrowers can pursue the Payroll Protection Program as it is unsecured debt, but cannot pursue EIDL with out Lender Consent for subordinate debt.Answer - Freddie Mac Non-SBL: Borrowers cannot pursue the SBA Loans (EIDL or PPP) without first pursuing Lender Consent for subordinate debt

Regarding payroll, you may use funds to compensate those individuals for their services in the ordinary course of business.The SBA UCC filing reaches all business assets to the value of the loan.

@Vinson Lee We started a lease mid-month once to aline with the tenant's payroll.  

Payroll Protection Plan: is a loan that when used to pay specific expenses (payroll) it is forgiveable. 

Spoke with a buisness owner yeasterday, he has 600 on payroll and say this is a hoax and he does not believe in it.

You technically can but it is unlikely as the market for hotels is much smaller than for homes and the seller is more likely to be a more sophisticated investor who wouldn't want to wholesale.