You would have to figure out what it is that you are bringing to the table to justify how you get to co-own it, or whatever.  

Back then, Real Estate was the last thing on my mind.But thanks to a lucky accident (or maybe it was fate) on clicking a google search to a thread on this site about REITs, I have gotten to this point.Mistakes were most likely made and this is far from a home run, but now i can honestly sayI own Real Estate that currently cash flows a bit before making improvements whichwould justify rent increases.Make no mistake, I did not just jump in knowing what to do with no issues whatsoever.I read books, listened to the BP podcast, and read forum threads for almost a yearbefore even reaching out to a real estate agent.

Hunter Thompson's book is also fantastic. 8-20 units may end up being too small to justify syndicating due to legal costs, but once you read the books you'll get a better feel/judgement for that. 

It seems simpler to start out with one LLC and file to do business in the states where the properties are located than to register multiple LLCs, at least until there are enough units to justify that.I also found this video to be a good explanation as to why an LLC is beneficial (and what it won't do for you): https://l.facebook.com/l.php?

All the things they justify by telling themselves they are necessary. 

I don't see this as a red flag unless the reason justifies it. 

I don't know the area at all, but you may be priced a little high given there's plenty on the market.Your PM should be able to explain the average days on market and justify the price.

I can understand that, and it actually makes this redesign feel much more justified and sensible.

Fees should be clearly stated in writing, easy to understand, and justifiable.

Does it need to be justified reason?