Hey born again I feel your pain from the same error; went in the hospital in 2008 had to wait to return to work before I got a dime from workman's comp lost that house life is a do over still working on bringing this S corp up & having everything in place contracting agreements, lease agreement ext. good luck right first time wishes & prayers.

I remember thinking, "wow why would anyone STAY in grad school to get a painful PHD in Chemistry when companies are so awesome to their employees?"

Moving is indeed a pain.

The units have been vacant for months, he owns them free and clear, and I'm just glad that he does not have to climb up and down the  4 flights of stairs between the units with his very painful arthritic knees and back.  

What a pain... yeah I hate seeing a useless dish sticking from my roof..

There would be less costs, less pain and more efficiency keeping this one by refinancing out your partners and bank, possibly even getting some cash out for your next purchase because of your 50%ish LTV.Maybe the same partners and bank would want to do another one with you?  

Hi BP communityI'm currently a real estate investor from Wisconsin and I am moving to Easton, PA in the summer of 2017.

Either way, I would be hiring a plumber to get a second opinion before purchasing as I know plumbing can be a real pain.

As far as I'm concerned one should look at this aspect of using an LLC more from a psychological point of view.

I am not exactly sure if there is a specific code violation lead type to target but in my own personal experience dealing with a stop work order or any building code violation can be a huge pain.