A lot of syndications look for value creation through repositioning, professionalize management, etc.Looking specifically at “c” it’s hard to reposition the property if someone else owns part of the property and if you keep the PM it’s still the same management.So maybe it’s an awesome building and you’re buying a conservative yield play with the potential to recognize the “bought it right” equity on exit?

At it looks like, it doesn't make a lot of sense to me.if we leave aside the equity split and the money you are bringing to the deal, I wonder where is the value creation? 

Not that it matters, but HOA’s do technically have a “super lien” But every HOA creation doc has a subordination/exception for a first mtg.....otherwise no bank would ever lend on them.

Can LLC creation help?

For us, more for a cashflow generation strategy as opposed to a wealth creation strategy.

It will all be ok.b) Go to www.mycorporation.com and get your LLC formed.c) If you buy the house before the LLC creation is done, when the LLC formation is complete, go to your RE lawyer and ask them to "deed the investment property over to the LLC".

My ulitimate goal is to have a 6-figure/yr cash-flow, but also have a portfolio of propertied which are held are for long-term wealth creation.

Min. cost for 1st project is $20MM (no max), and the development must meet some minimum requirements for promoting economic growth and job creation.

I decided to go with him for the creation of my website.

Go to the local library and check out books on LLC creation by Mark Warda or Anthony Mancuso.