@Bruce Lynn, while I am guessing because I don't know "most" large multifamily, I would say it is very much manager dependent and likely to become more common place as many syndicators are struggling to make their mortgage payments.Ownership companies are still run by people, and people that don't have enough money to pay their bills will start prioritizing who to pay based on the perceived risks of not paying.As for taking over any outstanding bills, that is one of many issues of the common LLC transfer.  

The deal highlighted the strength of our partnership with Ivan West and our ability to deliver outstanding results through strategic investments.

i called my cities code enforcement department ( i call them on every property i offer on to check for any outstanding violations).

I realize my two options are to get him to let me clean up or to sell the damn cabin but I thought I'd post here for at least some sympathy as the wife and I have had enough even after just one moth. 

Brad is a great coach and the ecosystem of students working together is outstanding.  

TOO DAMN MUCH!

:i listed a property that was 50k less than the closest comparable..i was going to make a profit on it, but the buyer told my agent "no way i'm gonna let that guy make that much money on this building"...so he bought the next property over for 50k MORE than i wanted...this is the attitude you'll have to face :)Damn, that's crazy!

@Adam Hoipkemier, while the breakup fee may not be legal advise, it is a damn good suggestion many overlook in these situations.

Damn, that's a lot. 

In the case where the Seller still had an outstanding mortgage, this would NOT be called traditional "Seller-Financed" (rather Subject-to) and has way different contracts and definite risks involved, such as you mentioned.. and others like the due on sale clause which accelerates the full mortgage due if the original lender finds out the house was sold to another end buyer without them getting their mortgage paid off first.