Personally I'm not a fan of syndications simply because there is absolutely 0 say so and what you can and can't do.

The banks you are speaking with either do not originate conventional loans or the LO simply does not know how to originate them.  

Some may say… this is too much work… or too difficult to do…  Well, if you don’t like this type of work or industry… simply don’t do it. 

For anyone following: It cost me $5 to file the updated statement of info and I simply drafted an amendment to the existing internal operating agreement to clarify our intent to operate as a married SMLLC. 

It's easy to simply say "no" to folks who don't offer this.

If not you can close and simply pull out a 2nd or opt to take out a personal loan and consolidate on the ARV at the 6th month mark.  

The P&L isn't going to tell you that, you need to see the Balance Sheet.Put it simply, if an investor decided to hire someone like me to start handling their books and have to gather their financial statements, I would be charging an arm and leg to put it correctly.

I believe the best solution is for her to simply use the existing heater properly by keeping it on 24/7, as intended. ( which we already told her last year she has to keep her heat 24/7, and she say no way)Additionally, she habitually pays rent late.

The easiest way that I have found over the years is to simply ask other investors, specifically in your local market.

This is simply predatory in nature full stop.I have sold many of my OREO props on low down ZERO percent financing but they were at market prices and the buyers owned them free and clear in 24 to 36 months that works.. but long term contracts on these homes is not a solution for neighborhood revitalization just the opposite.