Hey Bryan,Quick update:Good news - I got a new lender in place, pre-approved and in-progress, and got the Appraisal transferred over successfullyBad news - the seller wants a new contract and to increase the EMD amount.

Money person can take a walk if this isn't acceptable, which shows their hand if they walk, its good news actually.- Cash flow and equity split is 50/50 as well as tax implications via K-1s from the 1065 partnership return. 

Always document, have them sign an addendum to the lease if it all possible with a very short description of mutual agreement termination (no need to be specific here, I would suggest just termination dates by mutual agreement... period).   

The good news here that I failed to mention is the tenant's lease is up in three months, which doesn't mean they will move out but I feel there's more of a chance they will.

Always read your loan documents to get the most accurate information.

The Judge may give you a judgment  a document indicating you're entitled to the money. 3.

It's already been confirmed that the documentation has reached this address.  

I’d be embarrassed to present this as a legal document in a court of law.Also, my apologies to Theresa for mistyping her name above

Happy Holidays to my fellow DMV investors. Here are some interesting recent stories from the D.C. real estate world and beyond.
DC Council Takes First Vote on Ward RedistrictingApartment rent and occupancy set new re...

Just ran into this in Swissvale 2 weeks ago, but luckily the changes to zoning were easy to prove and the borough found documentation that predated the change (it just happened to not be computerized though, so took digging in old filing cabinets to find).