*Any advice received is not legally binding as you are not my CPA or Attorney*OK. finally understood that you were trying to say. 

I'm somewhat familiar with the Series LLC but it seems outside of Bigger Pockets community it is much less well understood or even heard of.

My strengths lean more toward the technical side so I wanted to make sure I understood what I was using to guide my decisions.As far as closing cost is concerned, the HML i've talked to stated that there were no closing costs above and beyond his origination points.

The SPD is required to be written in a language or format that is easily understood by participants.

More looking into duplexes up to four-plexes and the sort, the information I've understood on commercial can be a little less predictable

I always understood the risk versus reward concept, but thank you for synthesizing it with real estate returns in different markets.

@Jay Hinrichs - [Double Closings]Even Jay acknowledged that he had to move a wholesaler he works with a lot, if I understood the response correctly, into double-closes.

In either case, they can't be applied to all cases.My takeaways:1 - Your takeaways should have been understood long before you "jumped in".2 - You probably missed many more important takeaways than the obvious ones you mentioned.This post wasn't meant to criticize you, as much as it was to warn you NOT to continue "just jumping in". 

Google "old ammunition" because anything with explosives in it can sometimes become unstable with age.I've seen a couple of news reports over the years where people found old sticks of dynamite in their home (put there before people understood the risks involved).

If it went to court, are you going to claim the child read and understood the lease?