However, I feel like there's a lot of potential to run into a lot of walls/pitfalls that can cost a ton of time/money if I do this route.At the end of the day, I want to put a lot of emphasis on using the newest technologies to streamline the business as much as possible. 

It may cost a bit but it will avoid headaches and gray areas. 

A brand new furnace will, in theory, raise the value of the home by the cost a brand new furnace.

If Spark creates an entity, operating agreement, blue sky filings, SEC filings, etc, that all costs money this is cost a, presumably, the LPs are reimbursing for.

my goal is to keep it as simple and low cost as possible.   

The cheap homes look good on paper, but cost a lot more as they often attract less desirable/more problematic tenants.

For example, it cost a lot more to install quartz countertop then laminate.

Looking in Costa Mesa, Garden Grove, Orange areas of OC.

I'm looking at a live work resort in Manual Antonio. Would love to hear from people who have invested in the area. Good? Bad?Thanks in advance. 

The framing, etc. on the pop out alone would cost a fortune, and then the huge custom windows.