You need to build your team for your real estate investing business.

You've been 'working in the trades' since you were 11, but have you ever run a construction business or been a General Contractor?

They are usually run by picky retired people who love to stick their nose into your business (a generalization... but often fitting!).  

@Ryan TallAs business traveler to SLC frequently to the DT area having access to transportation and walkability to a place like Trolley Square with restaurants, shops, and a store. 

Also, I don't want to do anything illegal, I want to run the business professionally.

turn it over to an attorney. let them deal with it and go after the company. that is all you can do, you tried to be nice but nice does not get you far typically in business when the other party just walks all over you. file for eviction and go after the personal guarantee of the company.

However, with a dscr cash out, your credit will come into play as well as leverage meaning that more info is needed to understand the cash out proceeds of your scenario.Also, the timeline for these area about 30 days give or take and the proceeds must be used for a business purpose.

I am a business broker by trade but I am looking to get into multi family syndication.

And yes, his was the only unit we did not raise rent on because his is the only unit that hasn’t been updated AT ALL since the building’s construction in 1982.

@Brandon Elliott I’ve learned the hard way about doing business with friends.