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The ownership dropped to 30% and the finances became unsustainable. They are short $1.3 million. They added a S.A. of $2K per week, or you could do a deedback. Since we own at HICV, we will vacation in Galveston at there for now.
Possibly, BUT, the investors are going to have to pony up at least $2 million to pay off the debt and make repairs. Then they are going to have to sell the units a full time apartments to make their money back.
We had 2 weeks, and I could have paid the S.A. and try to force them to buy me out, but in the end, life is short. It's time to move on.