I usually do my own taxes, but this time I have an LLC and it's become much too complicated.

I agree with your concern of flipping at a distance as this complicates the whole process (especially when you are a new investor).

I think this type of clause can get very complicated and convoluted.

Closing is tentatively scheduled for mid-March (45 days) due to covid complications.

Hi @Mark SandlinWith this level of complication, I would consider paying for a consult with a CPA an attorney before taking action.

The college market is even more complicated as most sellers want CASH commitments, for over 3 months so they can go shopping for something better with YOUR CASH. 

I had thought about contributing $200k capital and making the LLC taking a $300k loan from us, but based on my research, that will actually be a much more complicated transaction in terms of paperwork and tax filing. 

Seems pretty complicated...but maybe that is just me. 

If they cannot even intercede on your behalf on such issues they have ZERO value add to the deal and just an unnecessary mark up you paid for.

It is pretty complicated and you need to discuss with a CPA.