@Jacob Joseph recommend spending your money on marketing to your warm network, educating them on what you're looking for and expanding it versus pursuing strangers.

That likely will specify what exactly the association is responsible for versus individual owners. 

Here are the key points:Reasons to participate in the capital call:It may allow the property time to stabilize and potentially sell within 24 months at a better price, avoiding a significant loss of LP-invested equity if forced to sell now in an inopportune market1.The additional capital can cover costs like rate caps and allow renovations to resume, which could help increase revenue and better position the property1.The operating agreement likely outlines the terms of the capital call that LPs agreed to2.Reasons to be cautious about participating:Capital calls can indicate the investment is not as sound as originally thought and is potentially at risk2.There is uncertainty around whether the additional capital will be enough to turn things around, especially if interest rates remain high and the market stays challenging for longer than expected4.LPs need to carefully consider if they would invest in the deal now based on the current facts, rather than just trying to avoid a loss on their initial investment4.Other important points:LPs should review the operating agreement, seek professional advice from their attorney, and ask the general partners detailed questions about the capital call2.If an LP is unable to contribute to a mandatory capital call, they may be considered in default and only entitled to the return of their remaining capital account balance, with no further distributions5.In summary, whether an LP should participate in a capital call depends on their individual assessment of the risks versus potential upside after carefully reviewing the deal specifics and getting advice from professionals.

@Jay Dhanak - I'm in Edmonds and have been doing proformas all week on investing "locally" versus out of state at aprox. the same price points. 

At least your insurance premiums will be much cheaper on a new construct versus an older existing house.

I see two other properties there one price at $1800 a month and the other at $2000 a month and both 3 bedroom 2 bath versus your 2 bedroom 2 bath property.

I've done some localized studies and the numbers of owner occupied buyers versus investor buyers in several of my current markets are 10 to1 ratio and as high as 25 to 1. 

If any replies, please focus on the aspect of boundaries on licensed agent involved in the deal, versus the 100% funding aspect. 

But at least this way, I know the work was done how I want it done versus how the seller wanted it done.The structural engineer part, since this is an inspection prior to closing, I would want seller to pay the engineer of my choosing.  

And second, what is the cost of the course/guru versus anticipated time saved to hire them?