I discovered BP a while ago but didn't really get involved until recently.

Nothing too egregious discovered, 30k rehab budget, ARV 75-85K, cake. 

When did the fraud occur with your account, when did you discover it, when did you report it to the bank, when did you report it to the police?

Recently discovered a listing I had in Blossomwood was in flood zone, owner didn't know.

That's a solid business practice.I wouldn't state a reason - just send the letter, express your appreciation and what the increase will be.I bet you will discover, as I have, the uproar never comes. 

You'll soon discover they all have a story.....and come hell or high water they're going to tell it to you. 

The goal is to make the repairs, obtain CO, and then refinance to pay back the majority of the loan.After some more research and speaking with a few lenders I have discovered that financing obtained through the LLC will have about a 1% or so higher interest rate as compared to what I could get personally.  

Afterwards I discovered that not all the deals they had done were performing as planned and sought explanations and received satisfactory answers to my concerns.

So, wow, you're discovering there's a trade-off in a free-market economy.

I incorrectly interpreted that you had just discovered "market" cap rate in general...