And of course, base and greedy as it is, I also keep my mouth hole shut because it wouldn't be particularly profitable to bring all of this up with my tenants.So I would try to bring this up non-judgmentally with your tenant in a phone call or face-to-face before you send that letter.

I fixed it up and sold for a nice profit.

The trust does not disperse any profit to beneficiaries. 

Rent controlled units sell for less because one of the primary profit sources of Coastal So Cal buy n hold RE is rent appreciation. 

https://www.amazon.com/Paper-Profits-Beginners-essentials-mortgage-ebook/dp/B06Y4C7X6Y/ Finally, check out NoteMogul which has a very reasonably priced intro course to note investing They have a great self-paced starter course for under $500 that I think provides the basic info which let's you learn what you don't know to further your education.   

I do feel we will be able to profit off an immediate sell, but will not be as much as we initially hoped for.

It might also help to take the pressure off yourself and know that you only have to have the 91k reinvested fast- the rest you can do more research and make different decisions.Somewhat unrelated, I am very excited about the book "Profit First" and using Mike M's method of organizing my RE income.

Learn how to do something that is more unique and has less competition that is profitable. 

.- Rehab: $80K (100% bank loan)- Sale: $460K ($130K profit)- Deal is owned by LLC (seems like a general fund LLC for various targets), not an LLC specifically for this deal. - Payout: Upon sale and paydown of bank debt, Class A shares get their principal, then Class B shares get their principal, then Class A gets their 20%. - The Sponsor isn't taking a management fee (I presume they are majority owners of Class B).I would be investing $50K into the Class A shares, due in 90 days.

It is difficult to take decent profit even if the area homes are appreciating.