Thank you so much for your time and consideration.

I am definitely a "Newbie" but, these guys reduce the learning curve considerably!!!

I must then take the time factor into consideration along with the cost/sq ft to decide to wait and have it treated or just strip and replace all drywall.Therefore I also asked about a spray or dust application that could be put between the new drywall and the studs that will help absorb anything that is currently affecting the woods and or other metals?

I know I have to take insurance, vacancies, etc. into consideration.

Earnest money deposits (EMDs) are used as consideration for a contract.

Welcome Aboard Anthony, Given your background, I believe you have a considerable advantage than most.

Most sellers see this as something of additional value, but it is not, the interest paid is consideration for the financing!

Anybody who says there aren't any real estate investments in California simply hasn't expended any considerable energy or time searching.And, yes, California is considered tenant-friendly.

Thanks Chris for the good info, I'll definitely take all that into consideration.

To sell the interest, the easiest way is to file an Certificate of Amendment and in line 3, put something to the effect For good an valuable consideration, Member X has relinquished all membership rights to new Member Y... or add your LLC sales agreement as an Exhibit A attachment.