The idea is to convert a multi-family building into condos; but not in the traditional sense where you separate pre-existing apartments into their own condos; but in a way where you combine the common areas of all of the apartments in that whole building, and turn the individual rooms within those apartments into condos themselves; thus transforming the hallways, kitchens, bathrooms, living rooms, dining rooms, porches, balconies into common areas of the condos. 

Also keep in mind that if the concern is lawsuits, they can still name you individually in a suit and it is just another battle.

  $100,000 fine for any company per individual employing illegal aliens. 

Now focus on what you, not what the real estate investment community, want to do after you educate yourself on both sides.If you are interested in selling, I know plenty of individuals looking for a similar home in the Scottsdale area as an investment property and I think you could get a great return right now.

Hi BiggerPockets community,excited to connect with like-minded individuals who are passionate about real estate investing.

For example: the multifamily sponsors will usually pay the considerable extra cost required to do a cost segregation analysis and this will increase the investor depreciation in the early years (versus an individual, direct investor who often will skip doing this because of the cost).The advantage of the passive investment is that you don't do any work.

We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.

You have a far better chance trying to sell to an individual than targeting hedge funds.

There were at least 5 individuals who seemed ready to rise to the occasion and help this poster with their borrowing needs.

Sent you a message, regardless would love to connect with like minded individuals in Northwest Arkansas like yourself!