There are some critical points you need to look out for when considering turnkey, the #1 element is the provider or the operator themselves.

I'm a little worried about those HOA situations as I feel it's an element I have no control over.    

If this human element is present even within a theocratic dictatorship, you can bet your *** it's in America's military.

I'd like to ask a good 1031 expert to see if they have run into anything like this before not only knowing the 1031 side of things but also the business structure element. I

But there is some mix of the business trade-offs and the human element. I

Nothing Against him but it’s a rookie show which is an element I like but he talks as though he’s a mogul.

What interests me about the program is that it seems to cover my biggest issue - getting in front of motivated sellers.I know there are several critical elements to this business, but it seems to me that the most critical element is getting any given property at absolutely the lowest possible price.

I live in New York, and have family in PA, NJ, and FL.I have a family of about 25 members who would like to pool their savings into one account, and each member would like to have the option of putting their savings into another account for investing as well (real estate, small business, solely for loans).We are deciding on issues like, if a family member needs some of the savings, that they would be allowed to take it out as a loan only and any profits made, part would be given to member and part would stay in the company.Any interest from any loans or profit from any investment made would stay inside the company (LLC or Corp) so to not trigger the need to pay taxes until the money is taken out of the company.The questions here cover Legal, Taxes, and Accounting.Please note the savings account element is more to have a sort of forced savings within the family and the investing account is a way to pool our funds for worthy investments instead of taking out a bank loan in full or in part.

- You never considered the benefit of all of this happening tax free.The tax-free element is about all the whole life policy has going for it.

Also another element is perhaps their lending pool, which is heavily government employees, is less risky.