I’m guessing the process of valuation and creating legal shares was a bit more involved than Marcos had expected.

Would getting an attorney involved be best?

There are also several local meetups for investors so it's easy to get involved. 

Additionally, E&O will become problematic when you sell your own real estate and view it as a conflict, especially when you are involved with the development team.

I know very little about Kris & Jessie except that they are involved in a lawsuit for their education.

This involves assessing the investor’s financial situation, investment strategy, and the specific projects they wish to undertake.

.: Quote from @JD Martin: What I would probably do is just set up an LLC or Trust involving your kids such that the property and benefits were owned and distributed by the laws/rules governing the LLC or Trust.

Do you understand the expenses and regulations involved? 

.- OP has not indicated they will involve HOA even though multiple replies suggest doing so.OP asks for advice, but seems to ignore it.  

Hello, I’m interested on getting some insight from anyone willingI currently live in Seattle and want to get into REI but the cost out here makes it tough to be able to get involved without capitalI read the out of state investing book and it got me interested in trying somewhere that I don’t have to burn up all my capital to get started1.