I also am not a Toledo native, but love living, investing, and running a business watching others succeed here. 

If you have a personal guarantee on the property then an LLC really does not provide much protection.

And none of my personal money ever went into the purchases except for the first one with 3% VA loan.  

How true are public adjusters since they say or advertise they will inflate it to 80k but once you hire them ends up at not much money but their fees and associated business fees?

Can it still be considered my primary residence if it has a lodging license or would that move it to more of a business type property?

It's about being a person great mentors want to help!

IMO, it is a bad business decision to buy a house at that price level unless you are paying cash.

I would be wary of those neighborhoods personally

They are suing my LLC and me personally.

(Also, the developer is reasonably experienced + wealthy and has personally guaranteed some of the existing development projects - but wants to move away from that)I'm also planning to get some equity in the JV / the broader development company (much less equity than if I were to be a pure equity investor of course). because I do think this could scale to 300-400 homes / yearOf note: These homes are modular in nature - so are faster to build and margins are projected to be attractive.My questions for you all is:Have any of you lent to development assets with cross-collateral from cashflowing properties like this?