You will get a higher appraisal (more money out on a refi) and have better appreciation and an easier path to a sale when that time comes.Very exciting stuff! 

I have so many questions though.1) Can anyone tell me more about series LLC and whether it's necessary to hold each property in a separate LLC2) What are your thoughts on a trust, rather than an LLC - advantages, disadvantages etc?

If you don’t mind a little more advice…when I’m running projections like this, I like to use the worst case scenario and if the numbers don’t work out in that scenario, I usually pass on the deal.

Is there an ombudsman or some central HOA agency that can help non-Board owners?

As I get deeper into Commercial Investing (the research of it), I am always think I am closer to getting a MultiFamily. Now I have read some of the well off say in so many comments.. Just save money and etc....This co...

Based on the questions you are asking I think you need to spend more time listening to podcasts like Bigger Pockets and Bigger Pockets Rookie.

Would you help is wedding coordinating/planning or just rent the space out?

I am a local wholesaler in Colorado and have been looking for a good title company if anyone can let me know of one I would greatly appreciate it. 

In regards to your offer, I am always willing to learn more from people who've been there and done that. 

Yes, had to go in more detail with my answer. $5400 comes with too much risk and wear and tear on the property.