Buffalo even has its own task force trying to crack down on these people.

I love moderated forums as you can really get good info and not just adds and spam and trolls.I am a commercial lender that is very much involved with a downtown revitalization project and am looking forward to swapping ideas and thoughts with others in the "biz".

I've only been involved in this for about 1.5 weeks, so let me know if I've left any important information out.The investment group is an LLC operating out of CA that does redevelopment in another state.

So Roxcy...What area of real estate are you involved in or hoping to be involved in?

If the LLC takes out the loan in an arms length transaction, then you have more protection against the creditors and individuals involved in the liability in that situation limited to those assets in the LLC.

May have been a fairly hefty charge involved, something like $100 up to $250.

Mostly because of the 1031 rules.You do not need to use a TIC when you want to do a 1031 so do not confuse the two.A TIC will not have a clear exit path if there is 1031 money involved.

Again, you're going to need a lawyer (and money to pay that lawyer.)Family's involved, so there are going to be hard feelings no matter how this comes out.

We solve this by making it one of the last projects of the property and ending the day with one of the above tasks, after doing whatever else we came to the property to do that day.

I personally believe that you cannot get involved in these situtations.