Whether you're an experienced investor or just starting out, feel free to ask questions, share your experiences, or discuss anything real estate finance-related.Looking forward to learning from this community and contributing where I can!

With rates as high as they are and RTVs this low, I'll probably barely breakeven (if that) if I did standard 80LTV.I like cash flow.

Congrats on the new MTR operation.I don't like the idea of putting in what may be a relatively high-cost and low-return piece of equipment in your unit. 

Do I just put all my trust in this attorney (who is highly trusted and very well known all over the state).

Like others have said, street by street and worse neighborhood on the west side today.

BUT, you can keep track of this also. 

By accepting this payment plan for so long you may have created a situation where it is considered an agreement between you and the tenant to pay this way.

Would this just include all LLCs (since all LLCs are corporations), or do they specify an LLC with specific criteria since by corporation they mean non-LLC corporations?

I couldn't let this deal pass me by!

Kevin, Congrats sounds like a great find.