@Owen Dashner thanks so much for the explanation. 

If you're looking for rentals, that does not require a tight geographic region.And a good rule of thumb about no comps... find a different area.  

@Greg Scott Thank you for the explanation, that makes sense.

.), geographic considerations (population in the 3 and 5 mile, population growth, rent, occupancy, and cap rate comps, crime statistics, traffic count), sponsor/general partner track record and expertise, asset class considerations (it is possible to invest in an asset class with a small amount of equity that you may have no experience in), master lease, exit strategy (you do not get to control the exit, the general sponsor will trigger the exit based on their goals and objectives).The other thing to consider is that sponsors will sell equity on a first come first serve basis.

I have been extremely geographically limited to the west end though.

Again, I would check in with the PM first for an explanation but this is definitely strange. 

@Elise Marquette Thank you for the explanation.

Secondly, I would like to transfer whatever property I purchase over to an LLC at some point after I move out, but I'm a little confused by some of the explanations I've heard regarding this process. 

@Alex Fortsch Thank you for that explanation!

I’d imagine you’d like to keep it in a specific geographic location.