My recommendation would be to put the deal under contract, then during your inspection period talk to everyone and anyone that is local that buys properties like this and ask them if they know the property or anything about it and ask them if they think it's a good deal.

It seems these inevitably run into problems as the investment projections are not met, loses begin to pile up, SEC compliance issues are ignored, and numerous legal actions are instituted against the sponsor.   

Right now interest is in the 6 figure.I spend a great deal of time on it with the contracts and accounting . 

@Agatha OliveiraSharing an operating agreement does not pierce your LLc and every contract you enter into the company should ask for a copy of the operating agreement to confirm the person signing has that authority

Regarding number one, while it may or may not be legally necessary (not sure), I think it's a good idea to have a separate account for each entity.

Generally there is consensus that DSCR Lenders can only offer a 1% prepayment penalty for up to 3 years in MI, but some lenders have recently reportedly been flaunting this rule - I would just tread carefully here in this area, generally not advisable to get potentially tangled up in a flawed legal doc with a non-sophisticated or fly by night lender

The new law in Oklahoma for wholesaling activity called "Predatory Real Estate Wholesaler Prohibition Act"states  that an equitable interest (a wholesale or assignable contract) can not be PUBLICLY MARKETED as shown below.

Ideally you have a contract in place that spells out what happens if you split up or one of you dies?

Otherwise contract a service for the season that will automatically take care of for every snowfall.4) YES you need to heat them!

An LLC creates a legal separation between you and the property, so if something goes wrong—like a lawsuit or debts related to the property—your personal savings, home, and other assets are shielded.