Get one together that has an operating agreement.

All of this seems questionable operationally after the continuation clause was added and the fact that the other offer is only verbal without anything written.

Our agency has a sister company in property management and one in property improvement so we can be a full-service operation.

Also, since it's still my full time residence, could I claim a portion of it to run/operate my LLC as my home office?

Your lawsuit is likely pointless as he doesn’t have the money if he is operating this way.

Foundation issues, massive infestations (roaches, bees, you name it), rent set at thousands of dollars below the surrounding market (we haven't had a single vacancy during the pandemic because our prices are recession proof...but also operate on permanent recession profits...), and he rents almost 80% of his units to section 8 tenants. 

It also is not a part of the expenses that make up Net Operating Income for determining value. 

I'm sure this topic has been covered a thousand times before, but wanted to refresh the topic.The way we operate we require a standard 12 month lease on move in and our leases all automatically convert to month-to-month leases at the one year mark once this 12 month term is fulfilled.

Most people who overcomplicate it are never going to result in a paycheck for the operator so I eliminated all of those distractions once I took a large slice of my market.What I do with all people who reach out is simple.

Realtors are basically just sales people for real estate, that doesn't mean they know how investors operate and what we look for.