Good points. I would only add there is no personal guarantee on the existing mortgage. The LLC protects its members personally. There is also a second mortgage. If there were a real estate collapse and the building was somehow worth only say $8 Million the lenders would not be protected in any way. In both scenarios the lease payment are paying the mortgage.
I have been expecting a PR. I am thinking I will send an email next week. Companies can actually share quite a bit without breaking disclosure rules.
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