The process is getting allthe information together like the 1003, credit authorization form, bank statements, income statements etc. they will underwrite the file and confirm the borrowers ability to repay.What state is this in?

They will have it on file. 

The most likely scenario is that you refuse to pay him, or make him an offer he doesn’t accept, and he files a mechanics lien on the property. 

I also noticed you have two emails on file with us, and you sent this from your alternative email, which may have caused some confusion.2.

I came out of that employment so wounded at what I saw and how it affected the two principals I swore I would never be  a syndicator the downside risk was just to REAL. 

Today was a month since notice so i called local court and figured out paperwork to file. while looking through bank statements i realized that he has been zelling me random amounts for rent since august and i learned today that if he makes even a dollar payment it voids the eviction process because i "accepted partial payment" according to some regulations in arizona.

@Sharad BagriCalifornia is generally more cumbersome than other states when it comes to taxes and filings.

Remaining principle on the mortgage was paid by Flock at closing ( ~60K), so my shares at Flock represent the equity in the home that I’d accumulated from appreciation and principal repayment over the last 17 yrs.I like their approach/strategy.

Here is the link to file, and there is a lot of other information here as well:https://www.fincen.gov/boiDeadline to file is Jan 1, 2025 for existing entities and within 90 days of filing a new entity.I registered a couple dozen entities a while back and once you have it down you can file in less than 2 minutes.  

Key things to keep in mind with your numbers are:Rent should be > PITI (principal, interest, taxes, & insurance) + maintenance + vacancy + capex + property management fee.