However, as curiosity prodded, I looked into the degree that it is prohibitively expensive to consider just filing as a security anyway, irrespective of the pros and cons.Basically, I searched for "what are the costs for registering a security with the SEC" as well as "what are the costs for registering a syndication as a security with the SEC"Most the results produced explained something to the extent that the fee was about 150 bucks per million offered, without any other information on what would validate the explanation that filing a syndication as a security is prohibitively expensive.

Well at 4 gallons per minute , 1 hour thats 240 gallons , in 24 hours thats 5760 gallons .  

Are you focusing on local investments within LA County, or are you considering opportunities outside the area as well?

Quote from @Chase  I hope all is well!

– Considering Class A properties with established tenants• Less focus on appreciation – Prioritizing income stability over potential future gains Current Opportunity: I’m evaluating a retail property in downtown Portland with:• >80% occupancy, most tenants in place for 10+ years• Decent cap rate (6-7%), NNN lease• Well-maintained, high-quality building, with existing HOA which will take care of maintenance. 

I called my local insurance company, as well as two major companies and was told "good luck." 

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

So I would like to get these things hashed out well beforehand as something to present to potential clients and have procedures for my company.

Jay I know you are a player in this space as well - but I am curious to your opinion on finding decent loans to buy.

Also, you can get a HELOC on your primary residence and use the proceeds to purchase investment properties as well.