Different circumstances entirely.

Has anyone successfully executed a subject to deal with similar circumstances and if so how did you structure it so the bank was on board?

Take my circumstance, my units will be constructed in December of 2025, 3 weeks from today.

I want to use this LLC as an operations/management LLC to manage my properties (all except one which has a third party property management).Where I am stuck is that how I need to make transition from self to LLC for managing the properties.

Quote from @Dalton Foote: @Patrick O'Sullivan Agreed, units managed and circumstances matter @Dalton Foote Company valuation is a big factor that often gets overlooked.

All units are occupied except one which I am working on leasing out now.

To me, that says that -- no evidence to the contrary -- he rented out in violation of the town ordinance and (my take) now wants to whine that he got caught.AirBnB and other short term rentals (STR) need to be regulated because they impose externalities on neighbors and deprive local governments of revenue and -- depending on circumstances -- pose unfair competition on local hostelries.

Theres alot of variance in the market and it really depends on your unique circumstance, the deal, and the location of the asset. 

This deal proves how the right upgrades and strong execution can produce exceptional returns in competitive markets.What made you interested in investing in this type of deal?

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