I live out of the area so it’s harder for me to get my eyes on the exact situation. 

Once you have that agent they will be in your corner the whole time, they will have connection to professionals in trades, they will have the experience to guide you through tough decisions and be your second set of eyes on every thing.   

Also, keep an eye on mortgage rates, as they can impact buyer demand.

The worst of them refuse to make repairs to 100 year-old buildings, creating a slum lord problem and giving all of us a bad name in the eye of the public.

.- Keep an eye on the local market trends.

By doing so, they are no longer acting as an investment club in my eyes, they are a true syndicator that is trying to thinly veil themselves as something else, in order to not have to follow SEC rules. 

I want to fix it and appreciate the extra set of eyes.  

@Olivier ChaineIn all trust deed or mortgage documents written by instructional lenders that I’ve come across, a change in ownership/manager structure of an LLC holding title to a property is a violation of the “due on sale” clause, so from a purely covenant violation sense purchasing the LLC doesn’t help you.  

Out of curiosity, are there any markets you've had your eyes on for some time.

Two sets of eyes on projects also helps when it comes to keeping track of contractors, etc.