Operating Agreement: This document should outline each partner’s investment, share of profits/losses, decision-making authority, and exit strategy.

Or are you paying them for their vision and ideas?

Additional question would be, can the SMLLC build the house at a discount (taking losses for the business)?

Some hearings can be watched by the public online.Around a third of cases get dismissed, often because the tenant came through with the money.Tenants tell of medical emergencies and job losses, of the money that hasn’t come in yet but is expected soon.

I know if I sell I would take a loss.

Additionally, you have to consider healthcare, vision, dental, etc... 

Best of luck,PatTurning investment visions into reality in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC

Fewer doors to sell.I would compare loss of revenue to savings in loan.  

I’d recommend reaching out to a local architect or design-build firm who has experience with both home additions and ADU construction to help bring your vision to life.

Note: I personally don't want to pursue pre-foreclosures, it's tricky and too easy to run afoul of Loss Mitigation laws in MD.