Buying right at decent prices with cash reserves and cash flow so you can wait is key.One thing I think its important to point out though is that no one says they will panic in a bad situation but thats so much easier said than done.

@Yashar E.Sorry about the situation.

Behind the counter employees are a huge expense (unless you are a multi hundred unit facility) and if your competitors use them and you do not then you can either undercut their prices or reap more profits.

That's one of the concerns of my client.This is tough situation because this is my first deal.

So I’ll let you know what I know with the caveat that I’m not a lawyer, CPA, nor do I know your tax situation or how the syndications you are considering are structured.

Please weigh in if you have been in this situation before...I have new tenants in a house I am renting in NJ.

Let me make sure that I understand it correctly.If I use my SDIRA as part of down payment , let say 50% of down payment, how does it work in this situation?

Also am in a similar situation where I represent a large network of investors.

That’s just my assumption and it holds no water.For the estoppels, I was hoping they would fill them out but I understand they are not obligated by the agreement and there is not a amendment adding the estoppels in our agreement.We do have a signed TOP addendum so I’m glad that kind of helps the situation which I was not aware of so thank you again for bringing that to my attention.Yes, it would be ideal to get new leases signed under my terms after I take ownership of the property.

Hey Todd,I’m in a similar situation.