People seem to buy mainly for appreciation, but I'm not sold appreciation will continue to rise the way it has the past 5 - 6 years, so feel like CF is the safer investing avenue for me. 

Don't buy the song and dance "our word is our bond" or "we're deacons of our church". 

I'm looking at it on my rental software and there is also a fee for it which is the main deterrent for me currently.

I assume that the main advantage is being able to buy the property without the 180 day time constraint? 

Our house is in the R2 zone (4 blocks off main) and the process to transfer the permit back in March was a breeze.

Gutted main floor and new construction second floor for added sqft. 

I understand credit enhancements and additional guarantors are sometimes required but to be unable to cover escrow funds and to give away deal ownership for that service is kind of crazy but back to the main point, the real issue is when the Co-GP is not truthful about their true role or embellishes their portfolio/ unit count. 

Inspection Results: Mostly small issues, inspector was mainly concerned with multiple cracks throughout the siding.

Be sure to factor in management complexity, market research, and your risk tolerance as you evaluate options.Without a W-2, HELOC approval can be tricky, but some lenders will work with retired individuals, mainly if you can document stable income (rental income, retirement funds, etc.).

Tourism is a growing segment, but by no means the city's main producer.