Interest rate is around 7.125%.Do these fees seem unusually high or am I just out of touch with current lending costs?

The key is sticking to the fundamentals, stress-testing your numbers, and not forcing deals in uncertain times.

If you are sued, NY Law will control unless you and the tenant agree in the lease that another jurisdiction's law will control (which would be a little bit unusual for a NY lease).

In a cooling or uncertain market, your after-repair value (ARV) may not support the refinance amount you’re counting on.

Wasting time on deals that are not priority or deals which may look uncertain, way better to invest the time in tuning your pipeline/marketing for more ideal leads. 

It's unusual for your loan to be a higher rate than the HELOC, but looks like your LTV is 83%, also unusual.

-The future of the property is uncertain.-30 day notice was provided to PMC.

Based on what you’ve shared, it seems there may be a misunderstanding of the operating agreement and how liquidation proceeds should be distributed upon dissolution.It would be highly unusual for an agreement to allow liquidation proceeds to be distributed disproportionately—especially in a 50/50 partnership—simply because one partner didn’t contribute an additional $1,090.

Keep in mind that bonus depreciation drops to 60% in 2025, unless Congress passes an extension to restore it to 100%—which is uncertain for now.If you're prepared to manage both STRs and meet the rules, buying both in 2025 can front-load your tax savings.This post does not create a CPA-Client relationship.

If you're an investor or a general partner facing similar challenges, I encourage prudence and reflection before funneling resources into uncertain ventures, building a bridge to no where as something where I did with my personal capital.