Until then, the cash flow should support the asset. 

The one I went to last week was a meeting of about 60 people and it was almost awkward at first because no one was that acquainted and they all made small talk about their different investments before an experienced investor gave us a small presentation on how to best run your LLC to protect yourself and your assets (didn't plug or ask for anything more afterward and even gave us a checklist for things to make sure you've accomplished for your LLC).

And through crowdfunding/syndications, you can access and diversify into other real estate asset types like debt, or commercial real estate (apartments, self storage, medical facilities, retail, etc.).

On one side of banks’ balance sheets lie risky assets; on the other lie liabilities the public thinks safe.

This is a B- asset in a B+/A- suburb of Indianapolis. 

@Robert Naucke Jr, the requirement that one must be accredited to invest in certain alternative asset classes is regulated by the SEC, so no, no way around it... unless that person/company wants to go to jail.

What will help you be better off in the long run and obtain your goals faster?

Technically these are just private loans as they are unsecured and not tied to the performance of any underlying asset.

What assets can you bring to the table?

SMLLC provides less asset protection than the MMLLC.