Even if nobody is in an exchange today, build that flexibility in—people’s plans change, and you don’t want your governing docs to be the reason a sale falls apart.As for the condo conversion itself, the rules are local, but the cadence is similar everywhere.

Long-term, I plan to build passive income, scale a portfolio, and find creative ways to give back to local communities.I’d love to connect with investors, agents, and professionals who share similar interests—or who are willing to share lessons learned along the way.

Appreciate any insights from those who’ve done something similar!

Has anyone here successfully argued down penalties in a similar situation?

My goal is to learn best practices, avoid common mistakes, and build lasting relationships that can help me grow in this business.I look forward to contributing where I can and connecting with others who share similar goals.

If they accuse you of fraud or anything similar, my guess is that you will have a very hard time explaining and justifying how you were legit in buying a $320k house from someone for $25k while they were in distress and being prosecuted.If this was me, I'd either stay out of this mess entirely or just pay for the attorney as an act of kindness. 

I have had a similar trajectory to you.

I currently own property and am actively looking for opportunities to expand into both short-term and long-term rentals, with an emphasis on properties that can cash flow today and appreciate over time.My strategy is centered on:Leveraging equity and creative financing to scale acquisitionsTargeting value-add and high-equity opportunities in growing Florida marketsBuilding relationships with local agents, wholesalers, contractors, and fellow investorsI’m here to learn from the community, share insights along the way, and hopefully connect with others doing similar deals.

Send him a cease and desist order (or similar) in writing.

GoogleVoice or similar is the way to go, to keep your personal & business calls separate.With only 4 doors, you don't have enough scale to sign up for the PMC-world solutions of emergency call centers:(As a PMC, can tell you that 90% of after-hour calls are NOT an emergency.