Tim Immel offered us his Triple Net Lease properties to put into our portfolio, but we did not purchase one of those. 

I would assume the Management Agreement has a reserve amount.

Review their management agreement.

Khalil,Keep in mind that in a syndication of any deal the PPM and LP Agreement are the documents that govern the relationship between the investors and the sponsor. 

He says the insurance estimate is the quote.I believe this is overpriced for the scope of work (only a partial roof repair, chimney fix, and minor interior patching).I’m currently seeking 2–3 additional quotes from other roofing companies to compare.I’m also worried about how this claim might impact my insurance premiums or risk being dropped, especially since I have other properties covered under the same insurer and LLC.I’ve never filed a claim before, and I know insurers often ask about claim history when purchasing or refinancing.My Questions:Am I able to terminate the agreement with the contractor?

You’d draft a promissory note (loan agreement) and secure the property with a deed of trust or mortgage, depending on your state.Terms are flexible: You set the sale price (e.g., $500,000), require a down payment (e.g., 20% = $100,000), and charge interest (e.g., 5.5%–6%) on the remaining $400,000.

Lease is a 1 yr fixed-term lease ending this month endTenant has consistently paid her portion of rent — BUT has unpaid utilities and marijuana violations.Timeline of Events:1️⃣ Original lease was July 2024 – June 2025.2️⃣ In March, tenant requested early termination (due to domestic violence) — asked to leave by May 1.3️⃣ I agreed — we signed Mutual Termination Agreement.4️⃣ Tenant said new unit was delayed — asked for Reinstatement through May 31 — I agreed and signed.5️⃣ Tenant then asked again — I agreed to Reinstatement through June 30 (current lease).6️⃣ Now (mid-June), tenant emailed: “Yes, I will be staying past June 30. because they couldn't secure a unit to move” → No new lease or Reinstatement has been signed yet.7️⃣ MRVP emailed: they will only pay July if I sign another Reinstatement — I have not done this.Past issues:🚩 Tenant had serious marijuana smoking violations under the no-smoking lease clause — repeated for several months last fall/winter — multiple warnings issued.🚩 No violations in the last 3 months, but due to prior history and current unpaid utilities, I do not wish to renew lease or continue tenancy.Current Situation:✅ Tenant pays her portion of rent.🚩 Owes unpaid electricity ✅ I hold security deposit.🚩 MRVP will not pay July unless I sign extension.🚩 If no action, tenant becomes holdover on July 1.🚩 I work full-time + have 2 small kids — I cannot afford 3–4 months rent loss or legal delays.My Questions:1️⃣ Is it better to serve Notice to Quit July 1 and regain control?

we’ve been dealing with a similar situation, a Second lien holder has been threatening to tie us up in court so we can’t complete foreclosure; fortunately we reached an agreement with them whereas they will buy out our position.

Technically his quote of $16800 as mentioned is a binding contract/agreement for 3 roofs we discussed and legally feel he is obligated to complete the work or I reduce his quote by 20% as mentioned and find someone else to complete the job? 

You can either enter into a JV agreement or you can form an LLC with an operating agreement in place.