Then you take the cash flow and create a hefty down payment to improve your bank finance options at the end of the year.

These properties were financed after the safe act went into affect.This attorney you used sounds grossly negligent from what YOU have said in many mistakes.The attorneys I know will send you a document and you read it and they REDLINE any changes and you discuss and go back and forth until you are satisfied.The fact that you didn't read at signing and TRUSTED as you say this lawyer has no bearing on the fact that you should have read it.A judge will see it the same way.What I am seeing is a mess created by two parties being you and your attorney.You have to figure out how to get things back on track.You need to know in each state where you own these properties if you can foreclose and how long that would take and what it would cost and what you could sell for to get any money back and move on.This attorney as you say sounds nice but general practice attorneys I find make numerous mistakes when handling specific areas of law.

Paying off your balance every month is responsible practice and good for your credit score, but it makes you a less-than-ideal customer from the standpoint of the credit card company.

The markets mentioned in the post appear to be experiencing some speculation but I believe values will plunge again if the economy does not continue to improve.

So if you did transfer to a LLC and the LLC even got a loan, you would probably still be on the hook for that loan with a personal guarantee.I'd say if they are only worried about the equity position on the existing unit, then you could improve that with a cash payment to the lender to reduce the principal balance.

The improvement required it to be vacant.

He said that history shows top down economics has shown to never work over the "share the wealth" practice of helping the middle class.My big issue is he makes a statement about families sending the kids to college etc.

Sacramento, Alameda, etc), it is acceptable and common practice for Section 8 to pay a portion of the tenant's rent and for the tenant to pay the difference.

Is he looking for a place for a new office for his practice?

You can bounce ideas off of each other and get feedback or suggestions for improvements before even reaching the implementation stage.