Hello, fellow RE family.I just completed my first flip in Sachse, TX (a suburb of Dallas) and only have a few final touches remaining, with the decision on SOD being a high priority.

There is no real good substitute for a well drafted operating agreement, but if you are doing long term rentals in TX then the OA should remain mostly unchanged once you have a good one.

I would look more closely at the rate and PPP period if the fees remain the same from lender to lender.

If they remain to be difficult and unresponsive after providing proper notice and communication, then maybe it's time to give them a 30-day notice to terminate their tenancy so you can do the repairs needed for your property.

In each case, we reduced the pay rate and deferred the remaining portion of the foregoing interest until payoff.

You could also consider seller financing, where you work out a deal with the sellers to pay off the remaining mortgage balance while securing the deed.All these options would help you avoid the risks of not holding title to the properties while also giving you access to the equity you've built.

These remaining assets will be owned free and clear, without any mortgage debt, and will begin generating consistent cash flow, which will be directed towards regular investor distributions.This transition represents a significant milestone in our strategy to streamline the portfolio, reduce risk, and ensure healthier returns for you all.Looking AheadAs always, we appreciate your trust and confidence in Poly Capital Group.

However, the potential upside remains strong.

There are several reasons why I would say this particular wholesaler did not misleading the owner. 1st.. the purchase price remained relatively the same when I was offered the property before the wholesaler scooped it up.

My initial plan is to live in one unit of the first property and rent out the remaining three.