Take over the rent to own agreement from the existing tenants, or something else?

The business plan to pay untenable returns is not untenable, it’s non-existent.

My question is really around the legality and process of taking back the garage from the existing tenants for this project.

When I inspect the property I can usually get a feel for what deferred maintenance exists as well as what it would approximately cost to make the place rentable.This gives me much of the costs.

I'm more used to underwriting MF deals and extrapolating existing T12 data, so this is a bit different for me.All the properties are 3 beds, ranging from 1000 to 1400 sqft.

Start with BRRR in some areas that have lower barrier for entry    Pros: Could potentially get to the second investment sooner    Cons: No existing contractor connections.

For anyone following: It cost me $5 to file the updated statement of info and I simply drafted an amendment to the existing internal operating agreement to clarify our intent to operate as a married SMLLC. 

A-lister who designs for billionaires and celebrities.In the process of staying on top of our fundraising leads and using our existing fundraising momentum to finish the equity phase and move onto design & sales strategy.

However, seasonality still exists and the summer is low season.

So, if I commit fraud through my LLC, I’m still liable personally for fraud.