I want to set up my investment firm like a law firm; offering some of our biggest stars partnership positions in the firm and giving the rising stars the aspiration to become partners in the firm.My firm's primary business activity is:Raising private equityAcquiring real assets.What entity structure would be best suited for this model?

I did the same analysis several years ago, and decided a license did not improve my business model (yes, I gave up some potential commissions).

If you were to change the model slightly and put a rentor in that property intending to make it a rental and then later change your mind and sell then that would qualify.

Some of the customers are still in business at other locations.Try making an offer for 250 in cash, and a late model low hour Toyota forklift ($10,000 value) through a Realtor.I've pulled a wad of cash out of my pocket already and said "What, are you worried about losing a couple hundred in commission, I'll make it up"I've never seen people so afraid of hundred dollar bills in my life.

In any case, his model seems to be a good one, but I am so new to this I can't really say.

Many of the SoCal investors I know that are doing volume are willing to work on tight margins, make it up in volume and have probably been rewarded for having that business model over the last couple of years.Just be creative, cast a wide net and you should be able to get a couple deals with a bigger margin through harder work.  

(2) Do you think HAI models the market? 

Cheap with good liability coverage $1 M.If you are maximizing cash flow, and like the minimal "self insured" model of barebones insurance, then Affinity is a good bet.I saved around $400/year by switching  to Affinity last year for my texas property (sounds like a Geico commercial)

You mention it is a 70's model.  

v=UvmUgFnHhEkHere's an interesting model of some of the planned towers.