@Mark Fries this is a rendering for a 33 unit apartment in Northgate. it looks fake because it’s a graphic depiction of what the property will be.

DAMAGE TO PREMISES: If, by no fault of Tenant, Premises are totally or partially damaged or destroyed by fire, earthquake, accident or other casualty that render Premises totally or partially uninhabitable, either Landlord or Tenant may terminate this Agreement by giving the other written notice."

Right now you can get a RE loan for around 3 to 4 percent.However, $5k as part of a 25% down-payment means you can get a property priced $20k higher.A lot of math to go over, and not nearly enough info to render a good opinion.

I have question for all the real estate professionals out there, I am starting on a new project as a new real estate developer, I had a general contractor ask for my plans and rendering PDF (All are copyrighted) to get me bids, have you ever had a GC steal these plans and build your design right under your noise?

California Code, Code of Civil Procedure - CCP § 580d(a) Except as provided in subdivision (b), no deficiency shall be owed or collected, and no deficiency judgment shall be rendered for a deficiency on a note secured by a deed of trust or mortgage on real property or an estate for years therein executed in any case in which the real property or estate for years therein has been sold by the mortgagee or trustee under power of sale contained in the mortgage or deed of trust.

One reason these offerings are limited to accredited investors is to ensure that all participating investors are financially sophisticated and able to fend for themselves or sustain the risk of loss, thus rendering unnecessary the protections that come from a registered offering.

Also which 3D rendering company do you recommend? 

>Little to no case law supporting the purported protections...It appears the concept is so new, that it may take years of fully litigated suits to render a solid opinion on their true protections...I pose the cons as a matter of question b/c I don't know the answer and which way would be best...Series v/s a whole bunch of separate LLC's...

If you are thinking of buying properties in your LLC with money from your HELOC, you are at risk of co-mingling funds which pierces the corporate veil provided by the LLC and renders it useless for liability protection. 

In FL it’s been established that every missed payment is a new breach, essentially rendering the bulk of the SOL moot.