Seems there's been some reorganization and my investor relations contact from Four Peaks moved on. 

Other than listing a slew of defunct, bankrupt, former American corporations whose trademarks are now collectively owned by a single E commerce company, which itself I think filed for bankruptcy or a re-organization per wall street journal last year, sorry -FirewallRetail Ecommerce Ventures, Buyer of Moribund Brands, Hires Advisers for Its Own StrugglesThe retail venture behind RadioShack, Pier 1 Imports and other online brands has hired restructuring lawyers, according to people familiar with the matterBy Soma Biswas and Andrew ScurriaUpdated March 2, 2023 10:10 pm ET|WSJ PROanother article from Silver law group, Retail Ecommerce Ventures (REV)"The business model of Retail Ecommerce Ventures (REV) is to buy the rights to a bankrupt brick and mortar retail business’s intellectual property and relaunch the brands as online-only ecommerce brands.

:@Mary Alice Powell , I have asked Mindy, if she can delete your posts here.when I was transitioning from street level brokerage I took a job as an independent contractor in 1986 for a very large Bay area syndicator.. tax reform hammered them badly.. up shot is they kind of did what morris did hear they robbed good properties to continue paying investors on projects that needed to be reorganized.. but they did not want anyone to know they were in trouble..

As one who got totally hammered in the GFC if I was not with my Banker of 30 years I would never have come through that in tact I would have been like many of my peers and had to reorganize ( code for file BK).

We have to manually log the issue/damage, then enter each bill once we've done the work, then we have to track whether the tenants reimbursed us or not, then we have to pull together the water bills from another expense tracking sheet, and then re-organize everything per property or per tenant to be able to generate a summary report (which we are required to provide to tenants).

In these groups, folks are trying to re-organize itself so it can get special deal from the GPs/syndication and they can invest individually or form an SPV.

Sell, pocket $200k in equity, appreciation since they bought it, bank 25% for a new deposit in a year once they repair credit, buy two new second hand cars because they need them, pay off credit card debt, put a little extra to the side for increased rent payments for next 12 months, and reorganize to buy in 12-18 months... now they see the light, a chance to move forward, to not stress, and they're lucky the market increased so much... but if they struggle to keep it, struggle to make payments, then 10 months realize they need to sell, would they have as much equity, maybe, maybe not..  

Re-organizing our rental houses into their own LLCs and considering using a virtual business address for each of these. 

First of all, don't panic..if you've been timely with payments you can always go to the seller and try to reorganize an extension. 

@Joseph WidenI doubt you would qualify for ch 7 with that type of salary and they would push it to a ch 13 which would just reorganize the debts