I would appreciate any thoughts on this.Thanks,Howard

Just checked google maps and now it's showing up in Pflugerville not far from the executive airport.

Once the contract has been executed I would like to do a cash-out refi and compete the payoff.

Hi @Marc Mason I believe this is a standard form that authorizes a managing member of the LLC to enter into a purchase or sale agreement and execute the documents required for closing.

Its a beautiful leverage execution. 

A few years back Freddie and Fannie would not let executions be paid out of proceeds, so that became a buyer paid fee for those people putting offers on our sales. 

To wit, a real life example, a lender with really attractive rates/fees/turntimes/etc, one I often use:If you want to empower your mortgage broker to get you the best deal possible moving forward, and execute well (close reliably, on time, with transparency in the process, etc), you will not be taking forbearance.

Just a numbers game and need to factor in risk of execution.

If the turnkey provider does not have a finance executive, and not a book keeper, my advice is RUN.  

Because you have limited access to the property while you are developing your scope and budget its difficult to execute a complex rehab.