As for Trusts, if you went the land trust route you're unlikely to have the kind of control you're wanting or the kinds of benefits you're envisioning, as you would need a Trustee that isn't one of the LLC stakeholders, and you wouldn't have very much control over the management of the land.Generally speaking, a Judge isn't going to smile and say, "Oh yeah, he totally renamed himself Joe Smith LLC Un, Joe Smith LLC, deux, Joe Smith LLC trois" and pretend these aren't all the same owner for the purposes of FHA. 

@Ty Jarnagin Ty, a good business plan starts with a good pro forma that analyzes and reports financial performance on a project and stakeholder level.The business plan should be based on pro forma snapshots that support the narrative you create to tell the project’s story.The story needs to include total project cost, capital stack, how equity capital is apportioned and profit is shared between the sponsor and investors.All of the above needs to be set and referenced by time which is used to calculate partnership funding obligations and the returns generated to the project and its stakeholders.

I don't know if a multifamily dwelling would qualify because the tenants are not stakeholders and usually move on rather than invest in the community.If you purchase a historic building, you can get a grant to restore it but you are limited in what you can do to it and with it.

I'm interested in making the owners stakeholders in a new mix-use redevelopment with retail, office, and mixed-income in lieu of purchasing their properties.

Technical engineering and corporate IT project management background for the first 15 years or so, a bit of import and resale after that, then REI - never looked back, but grateful for the skills and experience gained - particularly negotiation, stakeholder management and profitability/risk assessment - they've all been serving me very well :)

If you manage to buy the foreclosed units and manage to start your own HOA, the question I would ask (since you will be the majority stakeholder in the HOA) is what are all the costs to take care of the deferred maintenance and to catch up with all the bills and get the necessary insurance in place?

I believe they are wrong about this in a broad sense, but their purpose usually has nothing to do with investment or sound financial decisions, and more in regards to creating an ideal environment for their stakeholders.

@Ryan Rutoskey Hi Ryan, I am currently working on 4 ground up development projects and have the same concerns about who gets effected by rising rates and home prices and the numbers that show the stakeholders and how they are impacted.Send me a DM and I’ll send my analysis and summary of the impacts along with an excel spreadsheet to play with that will allow you to plug in your own variables.Spoiler Alert: the picture ain’t pretty

I do have a decent grasp of home pricing in the area, I would say Redfin is a good online resource for doing a casual comp of a property, it's at least good enough to tell you if there might be something to a deal.I would be incredibly hesitant to flip remotely, I would want a stakeholder of some kind in place to manage the project and ensure work is done in a timely manner.

Heads up if you have a stake in the future of vacation rentals in Colorado Springs! Authorities are considering legislation limiting STRs. Positive voices will certainly be needed from responsible and honest owners an...