And even though virtually every sponsor agreement allows me to share investment information with others who might be advising me on it (especially when club members are bound by an NDA), I still ask the sponsor if I can share it, because it's a test.

Review their management agreement.

He's changing the terms of the agreement, and you can choose to accept it or reject it.I don't think it's fair to pass this cost onto the tenant just because you are unwilling to stand up to the contractor.

The seller will always retain the equity and would receive annual distributions - and could structure the agreement with an exit strategy that makes them comfortable. 

Even Class C is pushing it, so we recommend C+ minimum.

If they did no due diligence, for a 506c it is up to them to verify accreditation but also do not think if the deal goes sour that you can claim you did not know, as its also up to you and you knowingly filed a fraudulent subscription agreement by marking you are accredited.Two wrongs do not make a right. 

From a partnership agreement perspective, you can set it up however you'd like.

We now use a form call the "Compensation Agreement Between Brokers for this.

I encourage you to consult with a qualified attorney to ensure this agreement complies with applicable laws in your area.

Liability Protection: Transferring to an LLC provides asset protection but may not always be worth the hassle or cost.Next Steps: Review your loan agreements, consult your lender, and get advice from a real estate attorney and tax pro to ensure everything’s compliant and beneficial.