Would like to develope some multifamily soon.

Back to my primary point--do your diligence and develop your own sense of conviction on the purpose of this venture. 

I find that it's almost a one stop shop in that I can use it for my business checking and savings accounts, bookkeeping, for rent collection, I can issue virtual credit card, I can create all the financial reports I need to run my real estate business and prepare for tax filing and through their partners I can vet my tenants, develop state-specific leases and more.

It is possible to develop the deal and not build anything at all.

They look solid and well built, it's the high crime rates and the developing area thats my worry. 

Something is missing...if there isn't a Board and the HOA (or I assume more likely a COA) is newly formed then why isn't the developer still in control of the HOA?

I have over a decade of experience in strategy consulting and in real estate underwriting for new acquisitions and ground up developments.

Hello everyone,I’m currently in the planning phase for a development project just outside of Santa Fe, NM.

This year, I’m committed to creating balance in my life, letting faith guide my decisions both personally and professionally.In my real estate journey, I combine my tech background with a passion for community-centered development.

My initial plan had been to do something like Rent-to-Retirement or REI Nation- assuming that I'd be leaving money on the table to pay for their expertise, but hoping that I would learn through the process and develop the confidence to strike out on my own later.