1 - yes2 - I don't think that the drain from your house to the main sewer falls under the "Municipal Sewer" category that @Joshua Thompson mentioned, but I would have to check before giving a verdict.

The main hurdle that many of our borrowers face are the income aspect of it, especially expensive markets like the West coast.

There is one set of legal documents that you signed into the main offering, you funded the main bank account, you get a K-1 from the same entity as every other investor.  

I personally don't want to use them again mainly because of the lack of communication 

In what ways can JVs be structured to finance a RE investment, and what are the main legal and financial considerations for parties entering into such agreements?

My main goals are to diversify from my current business and to invest in assets that can help lower my yearly taxes.What would you suggest?

I guess my main dilemma is taking out more money against the house that I’m currently in a good situation with to put that equity to work VS. not tapping that equity and moving forward with a conventional loan on another property in a “safer play”.

If so, to be specific, do you create separate WIP asset accounts for each COGS account, or can you just accumulate all your COGS for a property and put it in one WIP sub account under the Main property asset account?

However, the main reason I am unhappy with them is because the customer service is terrible.

My Fiance and I are very familiar with the arbitrage model, however the main benefit of the course would be to scale faster than we could alone.