The primary reason being time, you can get the study done in 30-60 days and get the bulk of the findings by then (asbestos, lead paint, underground storage tanks, etc.). 

.- Most crowdfunding is really just a 506 C offering that has a “web-enabled” mass marketing platform.- True crowdfunding to unaccredited investors only allows for $1 million raise per year. - The difference between a fund and single deal raise is 1. how we market it2. the extra scenarios for disclosures included in fund papers3.

Can you refi, rent or sell your primary?

We bought our primary residence in Sacramento in late 2015, took out a HELOC on our primary in 2016, then used it to fix up a new rental property that we bought in 2017. 

I also would love the create a platform to organize the countries real estate cycles per area. like an informational web site. 

These units are rare to pop up (I stay in one of the units each Summer) and usually are gone in a week....so I know the opportunity is 'there'.The goal is to relocate in 4-6 years and use this as a primary residence (but still travel and use as a vacation rental).I'm confident w/ the rental history of these units and comfortable with cash flow (hate having to initially throw down so much $$......but HI has their 'rules').

Bob -  you might  contact  the smaller to mid size local banks in your area  as they might be able to work  with your scenario …..do you have a primary residence ?  

Probably best that you do nothing if that is your primary business concern.

     We bought our primary residence here in L.A. 3 years ago and currently have $425K remaining mortgage.

Also, I travel a lot in my primary profession so I have no issue with vacating my condo and finding another living situation (maybe a small apartment) if I'm able to develop a passive income stream by doing so.