Most real estate investors who raise LLC questions on BP forums cannot articulate the risks they are protecting against or how an LLC will provide the appropriate levels of protection.

Rougher parts of town have increased maintenance/cap ex, vacancy, rent delinquencies and defaults, and level of effort to manage.  

We are skill rich and cash poor.

This experienced sponsor “knows” they can invest our capital to raise rents and revenue at a level higher than the cost of capital.

To keep it short, just from knowing him as a friend and knowing the level of success he has, I already trust him enough to put money into his projects, but I know I should be responsible and do my due dilligence.Essentially, a big project right now is a cabin in a very busy vacation spot that is going to be about $2m.

I don't really have the skills to BRRR.

If it’s only some of the rooms, are they above ground on 2nd floor, ground level, or below ground?

In my opinion, the more income you have, the higher the allocation should be towards stock / fixed income.As much as you can make real estate passive(Hiring a PM, getting into syndications), there is still a level of work that you need to do.Why spend hours when you already can afford what you can.The extra return isint' worth it.

This is just a high level, general statement.Conceptually, selling separately sounds like a bad idea.

Higher Yields: With distress levels rising, project sponsors are willing to offer more attractive terms to secure the capital they need to stabilize their projects.