We will have to repent in this generation not merely for the vitriolic words and actions of the bad people but for the appalling silence of the good people."

This is mere speculation but based on the information you made available I am guessing some of these contracts were not obtained at great numbers which is likely playing into why your deals aren't moving.

My product is contract sales and Real Estate is merely the vehicle to get from A-B. 

Some suggest funding the LLC with your capital via a loan going the opposite direction: From the investor to the LLC, that way any money you pull out of the LLC (as a withdraw of owner's equity and not to purchase any properties) is merely a loan payment. -  I'm ok with you lending your capital to your company initially.  

At that point I knew the universe was telling me, RE is my calling.

Or are the GP's merely holding them on their books at said value and reporting that number to the LPs?

In some cases investors were mere dishwashers and hospitality staff at the prominent Four Seasons Hotel in Beverly Hills and lured to invest buy another worker Surya Aparajita.

What you do is mere opinion.

Don't settle for properties that merely break even; aim for those that generate consistent income from the start.

Therefore the LLC is most helpful in merely keeping your name out of claims, not necessarily protecting your personal assets along with the business planning point I made earlier.Now onto where to form an LLC...