This work great for 1031 investments and takes away the builder using the investors money to build the project.

I have always wanted to build unique structures using my creativity while also gaining cash flow using my hotel management background.

But I don't think the borrower for the loan would change, so that means each month, my tenant would pay rent to ABC LLC account under my property manager, and my property manager would distribute the funds to my sole prop business account, and my sole prop business account would pay the mortgage.Will the tenant have a case to argue that I am commingled with my LLC?

Hi @Maurice Giro it sounds like you would like to get into real estate investing, but you would like to be more passive than active.Just keep in mind that the more active you are, the higher returns you get, and generally speaking, the more passive you are the lower returns you getThere is a hybrid model where you can learn how to find deals that are under market value, build a team that will help you purchase and rehab and rent out the property, and then have someone help you manage it.

Recently, my property manager informed me that an HVAC unit needs to be replaced, which will cost $7,200.

Three years ago I bought my first big rehab project for $81k, and got a 10 yr. construction loan from a local bank to rehab it. 

I’ve been working in management and syndications for the past 5 years.

This project showcased our ability to add significant value through strategic improvements, resulting in a profitable sale for our partnership.

However, if one walks 15 minutes the other way (about 0.5 miles), they would arrive in a war-zone, a public housing project where there are murders reported almost every year.

However, given a lax board and the community's preference to avoid assessments and projects I believe no major repair or replacement work has been done since the building was built in the mid 80's (i.e. roof, plumbing etc.,).