By definition, the surest way to get the highest price is to expose the property to the largest number of potential buyers. 

There are some factors consider when dealing with husband and wife LLCs.

Best of luck.PS...also make sure that you won't leave yourself too house-poor on your primary home with the HELOC and you factor in the payment cost on that money as well.

That’s why it’s nice to pool a few different factors in it to create a good tenant story.

But when I weigh the other factors- people, diversity, opportunities, WEATHER...

I recently got a large commercial property under contract and was told by my lender that my experience/portfolio was a factor in getting approved. 

I know it depends on many factors and I am asking you to make a very broad generalization, but in general would you think that it would be likely to get similar cash flow or CoC return in a syndication vs being able to leverage up with conventional financing in rental properties.As for HML, I have invested a fairly small sum to get a feel for it. 

Does either currently have a PM company, or would you need to find one (a major factor in an out of state investment).

There are a number of factors to consider; how long your brother has owned it, value of the property, type of building and specialty options (charging stations for electric equipment, etc.), fencing and security systems, and numerous other factors. 

Whether they are on a long-term lease or on a MTM rental agreement will also factor in.