If garage opener was not working correctly that would be a different story.You did your part by making sure Garage Opener is functioning Properly..

Lender can just make a claim against itself or with the "doc prep company's" E&O when the instruments don't properly secure an interest in real property or otherwise fail to protect the lender when things go sideways.

I checked the permits on the building and have not seen any pertinent to the conversion, so I am assuming it was not done legally or potentially up to code and certainly not with proper zoning approval.

However, since this is an LLC and the liability protection is afforded only if the books are kept proper - I would suggest getting a software to keep the books in order or to hire someone else to do it for you.Let me know if you have any specific tax questions.

YOU still have to give proper notice,, NO way can you do this the way your thinking,,Download your state landlord tenant laws so you can operate this business properly,Get a copy of their current lease,, IS there a clause that says,, it will automatically revert to a month to month term if not renewed for a longer period..IF so your fine,, you'll just give them notice of lease terms changes the next month,, they don't need to vacate if you want to keep them,, you can give them a heads up what the terms will be, you can suggest it would be nice to start off with a new lease, but understand they have a month to accept that new lease or give proper notice to vacate..It's not that it can't be done,, it has to be done the proper way..

We bought in Steamboat to balance out that seasonality, so in ski season it's almost 100% occupied, but in the summer we have been able to get "long-term" renters to stay for months at a time to fill it.We have looked extensively at Winter Park/Granby so that is probably where we will head to next. 

Our current mortgage is $1,151/month, with an outstanding principal balance of $116,536.

I just need the proper education.

Hey all,I was curious if there was a good solution that you guys use for proper document management ??

Would any good real estate attorney be able to structure this agreement and provide the proper guidance?