Also your interests could just grow apart and they want to sell and you want to hold.So it's important not just for the entity creation but cash flow, equity splits, exit provisions etc. need to be spelled out with your attorney drafted operating agreement before closing.Also if the goal is to take the proceeds and not pay taxes then you need to set up the partnership a certain way.

I'm curious whether its a national program (or one funded by one of the normal national funding streams for permanent supportive housing) or just a local creation by your local non-profit/city/county gov't.

With the first part of your post I think you are saying that it is best to use a lawyer for AOM/Allonge creation.

This isn't the first site I've created, and have poked around on other user friendly web-creation sites like WIX.com with some success.

The better question to be asked is what are the local market conditions doing and how I can I add to (and protect) my wealth creation.

But our biggest profits came from creation and the deal itself.

If so, be aware that your mortgage probably has a due on sale clause, which means the bank could call the note due if you transfer the property to an LLC.I'm not sure your situation is one that favors the creation of a LLC at this time.  

System creation tips from @Jonna Weber Not to mention the sheer positive energy rising from your post.

I would like to know if other investors create entities, LPs or LLCs, for each acquisition that includes other equity investors.  Or is it better to go with Joint Ventures? 

Investing in RE is about wealth creation and preservation.