Maybe I can explain a little better.

I think I didn't explain well enough as it appears you are understanding it 'backwards'.The partner in our 3 way LLC is actually OWED (he lent it out) the 100K, by someone who is NOT involved in our LLC in any way.

They usually have a home inspector come in to explain the process and then the home inspector distributes their info to the future agents.

@Jerry Kisasonak We started out with the standard government lease which is 4-pages of actual lease and 5 pages of excerpts from the Residential Tenancy Act which explain the obligations of both parties.

Sometimes you need to offer a carrot to make it happen - like extend for 12-months at the existing/discounted rate {after explaining that rent would be going up}.

What the LLC gurus don't explain is that the LLC is still your asset, your assets can be clean out through the back door as easily as the front, meaning, a management issue goes to management company, it gets nailed and its interest are at risk.

I explained that I am but the cleaning lady and cannot let anyone in.

In his pro forma most of the normal stuff is already included so the other really leaves me wondering where its going.Thanks for explaining the NOI.

If you want their business just to provide it in English and Spanish, and if you do not understand Spanish make sure someone that does explain the rules.

This is all explained to them when they apply and it's in the lease.