No matter how smooth, cheap and terrific the deal may be its always good business practice to have an exit clause (or two), especially if wholesaling is your primary exit strategy.

The past attorney here who had represented the board before I came along and used him as my attorney, to say they are all locked into tunnel vision is uniformed, we did some very creative transactions, however, giving credit to Ann, if you're some guru following, whiz bang, wheeler dealer that is void of RE knowledge and unaware as to local practice, you might want an attorney out of law school. ;)Now I see the motivation of "defending" your suggested attorney.Just saying Ann, your response could have been phrased a little differently to say what you thought without it making it sound I was full of it.

Playing games and transferring to another card is not good a financial practice.

Whether it be a short sale or another direction but helping them be proactive and addressing and overcoming the situation.I am basically doing this to put into practice what I've learned.

I have witnessed and been the victim of many actions by the board I would consider questionable, if not downright irresponsible.Our board engages in practices that are not in the best interest of the HOA members and I'm very curious if there are any "HOA Watch" style sites that allow the establishment of a forum SPECIFIC for a particular HOA community where the members can collectively compile and share information that is otherwise known by individuals only.

Haha, that thing is practically move in ready from what I do, I like 'em wrecked...

@Stevan AdzicOther possible options open to you are:Use a trust account with your lawyer's practice (fine for purchases, etc., but a little tedious - and likely expensive - for day-to-day operations; orOpen a joint account with your local agent (for your LLC) - implies a high degree of trust in your agent;If you are using a local property manager, all the operations will be through their (hopefully segregated) account for your property(ies) ... this leaves you the option of a trust account with your solicitor for the big-ticket matters.In all the above, you will need to provide identification and may need to have it notarized in NSW and send directly to the parties in the U.S.A. ... we were asked to do this when opening a U.S.A. account a number of years ago.

(Tuckpointing in progress without permit)Center stairwell - treads are loose, deck boards are rotting, and tiles are missingHoles in wallsExterminate roachesReplace 6 hot water tanks per violation only, no electricalThe rest of the citations and violations are cosmetic and practical things.

A common practice, in my experience.

I like it a lot and I find I am suprised by structure and the help I can get in areas I am not confortable with (mainly accounting).My hopes, then are to, non-aggresively for now, start buying more properties and educate myself that way through hand-ons practice.