We have already reviewed the original code violation report and we are meeting with the inspector tomorrow to review any outstanding/unmet conditions.

Virtually all non value add RE investors who have purchased local in the last 2 years are not getting a good return on their investment.Compare this to just a few years ago where a 0.7% ratio with my underwriting had positive cash flow and appreciation and rent growth were outstanding and forecasts  projected them to continue to be good for a while.Maybe I am a spoiled investor.  

If so would like to talk especially if you have outstanding notes. 

Your agent or property manager may have one or your lawyer can draft one as well.Key points that are in mine are security deposit information, lease terms, who takes care of what, who owns what, any outstanding bills (such as water, code violation or repair chargebacks) and any repair requests submitted to the seller/current landlord that haven't been addressed. 

With no outstanding debt on the prop it should reduce the pressure. 

That gave him a loan of $225k, minus the $180k outstanding loans and credit.

After consulting with a law firm, it turns out that Tom has several outstanding judgments already against him (likely from previous suits).

These types of jobs cannot be performed with just a Tracking Number.Steps to Apply for a Tracking NumberWhile the process can vary depending on your company structure and insurance coverage, the general steps include:Application Setup – Provide accurate business details, insurance, and qualifying individual information.Supporting Documentation – Submit proof such as insurance certificates, corporate formation papers, and background checks.Compliance Check – The DOB verifies that you have active insurance coverages, no outstanding DOB penalties, and valid business registration.Why It MattersIn New York City, construction permits cannot be issued without a valid General Contractor Tracking Number.

If there is an outstanding balance when we sell the quad, would that just be rectified by the title company? 

I'd rather not take the legal route but need some commitment that they'll pay the outstanding amount shortly.