Getting back out to the meetups is my 2025 resolution! 

I dont know how that will work with the resolution center Agreed.

Ten years from now people going to impress with the real estate or mogul in 2034 that purchased the distressed assets/notes in 2024 as it becomes too obvious.One thing that we know whether inflation is sticky at 2% or not is that w know interest rate in 2026 is lower than 2024, that itself could spur investment growth in 2025.All these down cycle in CRE could rebound relatively quick because the root cause of issue is M2 prints in 2021 but that issue is resolvable by the market completely in 2026.Meaning q3/4 2024 and q1 in 2025 could be one of the best time to invest for the new cycle. just think of the killing investors made picking through the bones of the Resolution Trust . 

Since LLC don’t require the formality of meetings, votes, board of directors, resolutions, etc like corporations do, the only charge someone attempting to “pierce” the LLC can bring is commingling funds.  

Many hosts have found the numbers to be off due to resolutions and bookings off other sites that Airdna wouldn't have access to the data. 

Wishing you clarity and resolution soon- this is the type of situation that reminds us why risk management is so key.   

Other useful sections might address property condition, insurance requirements, abandonment policies, and dispute resolution procedures.

I am no expert, which brings me here to talk with the experts and get resolutions.

Dispute resolution clauses typically give a damaged party the option of taking earnest money as liquidated damages OR pursuing legal action. 

Most lender's who know what theyre doing are going to require at least the following (just off the top of my head):- tax certification from Title and/or payment of taxes at closing- copy of valid identification and affidavit of any AKAs- affidavit of non-owner occupancy/business purpose use- borrower auth and certifications to release and verify- pledge/collateralization of leases/rents- copy of Title/attorney E&O insurance- if an entity holds title/is the borrower, then: personal guarantee, articles of org/incorp, certificate of existence/good standing, operating agreement, corporate resolution to authorize borrowing if there is more than one member, possibly a UCC1