@Bruce Lynn, while I am guessing because I don't know "most" large multifamily, I would say it is very much manager dependent and likely to become more common place as many syndicators are struggling to make their mortgage payments.Ownership companies are still run by people, and people that don't have enough money to pay their bills will start prioritizing who to pay based on the perceived risks of not paying.As for taking over any outstanding bills, that is one of many issues of the common LLC transfer.  

Tax sales are by no means "easy money" like many people think and I would never recommend a tax sale for a first timer for EXACTLY these reasons.

But I’ll be clearing some more money by fall.

This is going to save you time and money. 

The loan was at 4% so the cash flow was solid, the only issue is we have more money stuck in it than we would like.

However, it will likely lower future cash flow so it is a time-value of money play (and perhaps income tax bracket matching... ie, big deduction during a one-off big income year).Two properties... one with cost seg and one with out will have the same depreciation taken at the end of its life (27.5 or 39.0 years).Also keep in mind that STR usually requires 39.0 years of depreciation for the primary building asset.

When that happens, I am typically dying for someone else to qualify and put up the money to beat them out.A few years back, I got a good deal on a near new construction house.

My wife and I are in the beginnings of our journey into the world of real estate and we are looking into one or both of us getting our real estate license.The thought is that it can save us a bit of money in the long run and also give us access to some tools like the MLS.I have concerns though about having to work under a broker.

I by no means want to spend money especially that amount but in protection of my life, and my family 's life and property due to their lack of communication had no other choice.

"Since I will be putting ____ amount of money in the property, I would like no payments for ___ months... etc.