I would imagine the details would be available in the language of the individual state regulation.

The documentation is similar to any other real estate project but with some special Opportunity Zone language inserted into the operating agreement/partnership agreement.

He wanted to manipulate the language in the LLC doc to show that TECHNICALLY on paper, I'm not managing the investment when in reality I would be.

It might work for you to modify the language on the rental contract that the landlord writes for you.

There is no official cleaning crew so if you provide linens you're responsible for cleaning and swapping which would be difficult and time consuming for the cleaners.

Ensure the lease has some language that says these terms will survive the completion of this lease on a month to month basis unless a new lease agreement is commenced.

I will need to ask this to the public adjuster prior to signing.In this specific case, the insurance did share with me the Scope of work/bid they had gotten from their roofer/adjuster, but I have received no official insurance payout. 

I’m renting the upstairs unit soon and I want to make sure I have the correct lease language included in the lease agreement.

A few suggestions to make this successful:- Speak the language.

They say the control and buy-sell provisions are language that is required as part of the docs per the institutional investor but that the institutional investor is really leaning on them, the sponsor as the operator and advisor.