They are more or less the same thing but the key difference is the leverage and exposure limits.

I'm not sure about the user limit. 

Growing My Cash Buyers List: Initially, I relied heavily on a small group of cash buyers, which limited my profits and left me with tougher deals to sell.

To avoid buyer limitations, wait for the 90-day period or consider the market.

.- Shadowing another investor in my area- looking for openings in real estate management companies, or offering my helpOr..I could take my facilities job for the time being and save for an investment further down the roadI want to begin my investing as soon as I can but feel the opportunities that are available to me are a little limited due to my lack of experience and cash. 

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

Limiting your investment opportunities to one property is, well, very limiting.The 70k loss is irrelevant...it's a sunk cost and you can claw that back with the current property or any other investment...whichever is fastest/best. 

Very limited development and high demand. 

I would think most landlords, who choose to be landlords in very Tenant friendly San Francisco, would pony up the 5.2% knowing that the rate has gone up and down throughout time, unless they want to run the risk of their tenant's finding out and called out as being a bad landlord, being taken on by the very helpful San Francisco Tenants Union or taken to Small Claims Court.Maybe there is a silver lining in California's recent change in security deposits that limit it to one months rent when it used to be up to 2 month's rent for unfurnished units and up to 3x for furnished units.By the way, I took a look at your Company, https://www.getwhale.co/  Since your firm is only offering 4.2%, were you trying to market in San Fran before discovering the Rent Board rate?

Thank you,Nirav Since you already pulled the trigger...and are a limited partner...this means you have the benefits of that (i.e. no liability beyond your investment) in exchange for generally having no ability to vote or have a say in how the investment is managed.