Individual ownership or Partials/Fractionalized ownership

By comparison, you can find excellent lawyers for a fraction of his rate.  

It depends on if the condo is for your business, a small mom and pop type tenant, or investment grade tenant like a Starbucks, etc.Most lenders in commercial won't touch a loan less than 1 million and do not like the mixed use or condo type stuff where it's fractional where some owners are owner operators and others are investors renting out the space.

A decade ago they were forced to liquidate as a non performing asset caused them to have to put money in reserves (check out fractional reserve lending if you want to blow your mind). 2.

CA does allow fractionalized Deeds of Trust.. and the general rule is 10 or fewer tenants in common on the debt instrument is fine more than that then securities issues arise. 

ETC would not allow purchasing of fractional notes (Lending Club peer to peer) yet other SDIRA's do (and there is nothing in ETC's rules that would suggest that doing so in not a permissible investment).

Some companies might make it long lasting, but that will be a much smaller fraction.

Banks exist to deliver fractional loans; there's no benefit to denying safe harbor people loans.

In California a few lenders will loan against fractional ownership shares (individual owners of tenancy-in-common properties).

(That statement is actually the most accurate in our situation because we own only a fraction of the total equity.)