For over a year I have developing a business model and plan for acquiring property at the New Jersey shore beach communities to be sold on a fracitonal ownership basis.

This process does not violate the due on slaes clause from lenders as they see the property did not change ownership, simply how it was held.Additionally for protection.

The furniture and stuff left in the house is probably more straightforward than the car (since the car has a title and ownership can't be legally transferred without it). 

I'm absolutely of the belief that the PM's compensation should be tied to the performance of the property regardless of any ownership interests.

@Jackson LongAll of the activity of the LLC (rent income, expenses, etc.) just get allocated to the members of the LLC based on their ownership percentage.

These are an excellent way for individuals to earn a share through commercial real estate ownership without having to purchase commercial real estate.

And every year for the past 9 or so years you receive a K-1 showing your percentage ownership, along with potentially a copy of the 1065 filed with the IRS?

You're right, there are a ton of platforms out there - not to mention the private funds that also offer fractional ownership via private syndication to their mailing lists. 

That equals $2,750.00 that you will now have as a result of your first month and a half of ownership.

So if he does finance my half, he's basically a private lender for part of the investment, so I would think he would want to make a claim for the ability to foreclose on my ownership interest if I didn't make my payments.