As U state these are small business enterprises and underfunded or not properly capitalized business are prone to astronomical failure rates.. 

As long as you do proper maintenance on it and get it cleaned every year you should have no problems with it.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

However, lender will want to underwrite anyone with 20% ultimate equity and you need to follow proper SEC laws if you are bringing in passive investors.

@Lucian Guadagnoli most answers to a question start with "it depends" I can tell you new builds are over $100 a foot (more like $130-150) with out the land (so add the cost of location to that) so that would be the most, then adjust downs from therethe phrase "it depends" applies to location, quality, functionality of the floor plan.

They submit their findings through an app called Properly so that we can keep everyone accountable.  

There are some basic accounting functions but I don't use them.

.- Main beam twisted and loly columns - bones of the house and that worries me- Back wood stairs that lead to backyard from 2nd floor are not properly attached to houseSo far Im bringing (2) more GC to provide estimates for repair of 3 items above and then go back to negotiate with sellers in this crazy sellers market :S.After this intro I wanna ask the community if you have any experience negotiating with issues above? 

@Dave Rav Just be sure to educate yourself properly, which you are starting to do by asking here.

If your intentions are to do things proper and legal then you get your license and run things through your broker.