Maybe eventually a while down the road the property would cash flow with continuous raised rents, but for the most part it's a negative cash flow play.

My husband, Ernie, and I were born and raised in Indianapolis, Indiana (aka "Naptown).

.--2) Form a multi members MA LLC owned by the WY LLC and my partner(he will have a very small percentage) This LLC will house both properties--3: Once I raise enough cash, I will buy him out and get him off the MA LLC that has those 2 properties.

Raising capital is all about relationships and competency.

They get the benefit of no rent increases (assuming they didn't offer to allow you to raise rent during the 5 year lease) while still being able to leave whenever they want.

We had used the advice of fellow BP members a negotiated a $1M seller finance on top of our $3M in equity out of a $5M max syndication raise for our California senior housing investment closing in 30 days.How would you raise the final $1M for a real estate syndication project?

Just a FWIW  comment there is one big MF syndicator i am aware of .. name escapes me at the moment.. but they raise all equity and have no debt.. 

In places like that they have mound system options which means you can bring in a bunch of crushed stone and raise the grade to provide ample vertical seperation between the restrictive layer and the bottom of the perforated pipe the effluent discharges from. 

@Brant Jones the problem is that the seller has pledged his collateral to the bank and while it is technically possible to deeed a property, the title company will raise a red flag, because the lender is not paid off and has a lien on the title.I have seen a lot of deals in the last 12 years, but never one of those..Here is what I would do: a lease with an option to purchase.

If so, see if you can raise the rent.