I am told local PM quality is a problem; but we decided to self manage so no personal experience there.

@Marcia Maynard gave you a carefully reasoned quality answer, @Katon Pang.But really, this guy wants to play alpha male in your house, and who knows why.

This is an exciting time in the states where these cannabis laws are passing, and we intend to continue to navigate through the surrounding regulatory red-tape to find quality properties with high potential future values.

If you remove that hurdle, you can move up the price, asset quality, and tenant quality.

The non ionIzIng radiation you speak of is not issue unless you are literally standing right in front of the antennas.

And speaking to an investment consultant of some kind. 400k liquid cash makes you a pretty big fish, I would think.As far LLC/personal, I've seen a few people comment that its up to the buyer.

Now, if you can buy a 50 lot POH Park with quality homes for the same price, then you would be right. 

You should speak with an attorney about drafting up an agreement between the parties involved detailing the profit and equity percentage splits and your accountant will prepare the tax returns accordingly.

Look forward to speaking with you! 

A purchase agreement with the seller and an assignment with the investor/buyer should be all that you need generally speaking.