See below for the detail, but here is the summary: You can group the LP interest, but now you have to meet (unless De Minimus applies) the limited partner's material participation rules, and most of the LP in syndicated deals fail the test.

Parking is a big issue so generally you want to be on a corner lot, or cul de sac.

@Ward De BockTop!

Wendell De Guzman Florida is NOT a super lien state, in that the HOA lien is equal, or superior, to the first mortgage....it is not.

There're lot of family that rather renting as long as their kid is within this school district.and here's another story, this is a condo that was 1.2 mil in 2016 and recently sold for 600k-ish in best location in the world (for the homeless lol) :https://www.redfin.com/CA/San-Francisco/1075-Market-St-94103... so yea, school district and local gov. has huge impact of condo appreciation (and de-appreciation) lol also if on want sample of condo complex that the HOA is simply broken and the homeowner is basically wiped out, there're bunch of them in Concord. 

People file LLCs out of state all the time - an example being filing in Wyoming or Delaware for liability protection purposes.

I do not have experience unfortunately, but I am working on purchasing / building a youth hostel along the Camino de Santiago, which is in Northern Spain.

Quote from @Paul De Luca: Quote from @Diane Mendoza: Hi all!

Hi Lesley, if you’re an accredited investor there is an investment product called a DST (Delaware Statutory Trust) that might be beneficial for you to learn about when you perform your 1031 exchange.

Quote from @Shameen Brown: Quote from @Bob Stevens: Quote from @Shameen Brown: Seasoned DE/SARR/LAPP Mortgage Underwriter, I have flipped a few homes with family in and out of state.