The fees and clarity behind them are also concerning to me.SO my question to you is, why not look into other syndications and sponsors with long track records of solid returns and then compare there offerings side by side with this one?

Talk to your lender to get clarity.

We need to establish some kind of benchmark and that clarity is what ineed.

Let's break down the pros and cons of each approach:Forming an LLC in the State Where the Property is Located:Pros:Compliance with Local Laws: Establishing an LLC in the state where the property is situated ensures compliance with local regulations and laws specific to that jurisdiction.Legal Clarity: It provides clear legal jurisdiction and may simplify any legal proceedings related to the property in that state.Perception: Operating with a local LLC may give tenants and local authorities confidence in your commitment to the community.Cons:Additional Costs: Setting up and maintaining an LLC in another state means incurring additional registration fees, taxes, and possibly hiring local legal counsel.Administrative Burden: Managing multiple LLCs across different states adds complexity to your administrative workload, including extra paperwork and compliance requirements.Tax Implications: You may face tax obligations in both the state where the property is located and your home state, potentially leading to double taxation or complexities in tax filings.Managing Through Home State LLC:Pros:Simplified Management: Handling all properties under a single LLC streamlines administrative tasks, reducing paperwork and simplifying tax filings.Cost Savings: Avoiding the need to establish multiple LLCs in different states saves on registration fees, legal expenses, and ongoing maintenance costs.Consistency: Uniformity in management practices and legal structures may contribute to efficiency and ease of operation across your real estate portfolio.Cons:Legal Exposure: Operating out-of-state properties under a home state LLC may expose your personal assets to the laws and liabilities of the other state, potentially diminishing the liability protection the LLC offers.Compliance Challenges: You'll need to ensure your home state LLC meets the legal requirements for conducting business in other states, which could involve additional filings and fees.Perception and Credibility: Some tenants or local stakeholders may prefer dealing with a landlord who has a local presence, which could impact your reputation or relationships in the community.Ultimately, the decision depends on your specific circumstances, risk tolerance, and long-term goals.

The clarity I've acquired is amazing and has instilled a ton of confidence in my REI dealings.Hell, the leader of the Tucson group, last year, asked to borrow some money for a RE deal he was doing. 

-Will activate heloc, seasoned the funds 3 months in external account, then go buy more properties.Overall need clarity on best way to fulfill these Business / Personal status/goals moving forward.While I hopefully build a relationship with some of you and get some answers, I am actively moving forward with the personal side of things and get the ball rolling on the heloc.Just need the categories I can run own accounts and hand over organized expenses, etc. what ever makes it smoother for the CPA.

However, the intention of the settlement was clarity and transparency and it achieves the exact opposite. 

Now, I embrace them a little more, but the lack of clarity on scheduling and consistency is agonizing.  

This doesn’t occur often, but the deal is so good, just a few of these in the course of your real estate investing career will turbo charge your pathway to large net worth.Since examples can provide clarity, I’ll provide two examplesA number of years ago (7 years) I was approached about purchasing a note from a property owner who sold his retail center and carried back a $500k note, current principal $476,000.  

Maybe the situation got more clarity?