It may be more capital and time intensive up front but it creates a scenario where even in San Diego County you can have an opportunity to put in sweat equity, get the rental revenue potential up through renovations or create new rental revenue streams with an ADU (or both) so cashing out some or all of your money out after doesn't have to leave you with negative cashflow out the gate.

If you can put some sweat equity into the property to make it worth more while you live in the property you'll benefit greatly.- I learned that it's okay not to get a homerun on the first swing.

We got out of the expensive rent for an expensive mortgage but are putting our blood, sweat and tears into making our dreams come true.

High-Yield Savings is the better option, but I wouldn't sweat it too much because you typically won't be earning a lot. $400 on a $10,000 account after a year?

I want to save on remodel cost and put as much sweat equity as possible.

So I am very open to how this structures itself and I have a lot of sweat equity/hands on/feet on the ground ways that I can make this a no-maintenance deal for any funding partners. 

Then I had a friend come in and walk the house with fresh eyes and evaluate the property and he said it looked good.We spent about $500 in supplies and it took a sweat, but the result was approved tenants in 4 days at the top of the rental range for the area. 2) Get a good CPA who is experienced in real estate investing. 

It seems like most people on BP enter into these multi-member LLCs because some of the partners bring the money while other partners bring the sweat equity.

Instead, I waited for the seasoning period to be over and to get a better %LTV with Fannie and Freddie type loans.I know it sounds stingy to sweat over 1% interest rate but that makes ~$100 monthly difference in cash flow.

I personally wouldn't sweat it.