I'm basically trying to tap different economic sectors. 

Maybe it's not necessarily that you need to agree or disagree with Grant, but rather that you're able to internalize his concepts and scale it to where you're comfortable as an investor. 

I just think it's about basic fundamentals and not shooting from the hip and I take every opportunity to say it.  

It’s basically the one small block still left in that area with any kind of businesses on it.

@Ian WalshThe definition of ignoramous is basically someone who is ignorant, or in other words doesn’t know.

I jumped the day I heard of it and basically made the same $1.5m offer.

In effect, you have basically demonstrated that the LLC and your personal assets are connected, and have given a lawyer an avenue to drag your personal assets to the table if the LLC is sued.  

However, our lawyer has informed us that it could be problematic because transferring a mortgaged property to an LLC can trigger a “due on sale” clause in the mortgage documents, which basically states that if the property is transferred the lender can deem that a default,  which is an event that allows the lender to call the mortgage (i.e., require it be paid off in 30 days).Has anyone else come across this issue in NY State?

I thought I understood the MAO concept but the scenario I'm in right now has me questioning the basis of it altogether.So I have compiled a buyers list for the area I am looking into and found a seller in that area.

To refi basically takes me from having a property that I'm currently loving the returns on to one where I'm one rent drop away from probably looking to sell.