Sounds like PM doesn't like to do anything for noise complaints.

If we are passive I believe that we could still be limited partners in either an LLC and obviously a PPM.It sounds like you ran the project and were on the opposite side of the transaction.

The first person as a mentor/consultant sounds great, but I would make sure you know what you are doing before you take on a financial partner.

At the end of the day, at the risk of sounding cheesy, it's really about keeping our investors happy.

sounds like a rough experience.

It sounds like the separation between success and failure is based on proper preparation and realistic expectations.

I have other projects I am doing too, and understand the consequences of the engagement. 

That's a great summary and it sounds like it offers more than RentRedi (without the add-ons at least).

I dont know what your contract was with your architect, but it sounds like, at least part of the problem, was they were expecting you to lead the entitlement process while you were expecting them to lead the entitlement process.

I know that sounds weird, but you build wealth faster on bigger properties due to higher rent prices, bigger loan buy down, tax savings, and appreciation.