Additionally, Mezzanine Debt may sometimes allow for a second lien recording, providing an extra layer of security.On the other hand, Preferred Equity generally does not carry a maturity date like debt instruments.

You typically have 30 days to send the tenant a letter detailing the cost of any damages against their security deposit.

The only issue we have had getting the claims paid is when we filed against the renter's old policy and not their renewal policy, however our sister company in Denver (who initially turned us on to Rhino) have stopped using it after a couple of issues collecting.We have tenants carry 2x the monthly rent in Rhino coverage in lieu of a traditional cash security deposit.

I find it extremely difficult to give letter grades to an area.

I chose to carry contracts/ the paper and exit.  1031 if you want to stay in, but have your replacecement property in mind to avoid becoming a motivated buyer.  

They can be all dangerous and some often carry legal risk.

It’s a numbers game and a leverage game.For example, you could split that $45k into two (properly analyzed) deals, leveraged with smart financing, and then refinance after rehab, cash out your equity, cash flow the properties, and carry on with more deals using the equity you extracted.

Tonight I mailed them a letter informing them that if it wasn’t all gone by September 30th I would be disposing of it.

The whole idea of an LLC is to prevent future damages.The doctor said I could smoke cigarettes because most people don't get cancer from it.99% of the people asking about LLCs in the forums here do not need and can not form an LLC to carry a property in because they are using residential loans and don't have an LLC with 2 years of tax returns.

So everyone will send the same letter to the same people, they all get turned off and only Andrew profits.