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122Floridaparktransitionletter - 122 Florida Park Dr, Palm Coast, FL 32137.pdf

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Dear Investors, I would like to provide an update regarding the rent-to-own contract. It has always been our intention to activate this contract, and it was communicated that the property had a shortterm loan requiring refinancing. This strategy was approved through a vote, and the refinancing was successfully completed last month. During the recent challenges faced by Yhome, I chose to remain patient and observe developments. Throughout this period, I continued to work diligently, and the rent

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Dear Investors,

I would like to provide an update regarding the rent-to-own contract. It has always been our
intention to activate this contract, and it was communicated that the property had a shortterm loan requiring refinancing. This strategy was approved through a vote, and the
refinancing was successfully completed last month.

During the recent challenges faced by Yhome, I chose to remain patient and observe
developments. Throughout this period, I continued to work diligently, and the rent-to-own
tenant signed the letter of intent, which was shared with all of you.

Regrettably, the contract has now been terminated by a governance vote, and the property
has been taken over by the DAO, along with all associated responsibilities and liens. As the
tenant is now classified as a standard tenant, I will be sending all relevant documents to
you and to the newly elected property manager.

Additionally, I want to highlight the following financial details: the outstanding payment is
$2,161.01 (escrowed), along with $129.49 for Sunnova solar and $131.79 for the Sunnova
roof. Please note that under the rent-to-own contract, the tenant was responsible for all
associated costs, including payments for solar. These costs were not factored into the
initial calculations (including the roof), and Yhome has been covering them. However, with
the DAO now in full control, all financial responsibilities rest with the DAO.

Since this is subject to the existing loan, Yhome will ensure that these bills are paid first.

Thank you for understanding.