The fact that YOU did or did not do something "in the name of" an entity that YOU own and control does not protect you.

I hope it's ok to ask questions about this here; I know it's not a standard investment property situation.Last night, one of my tenants yelled at me for several minutes on end, then made a vague statement that he felt he might lose control and do something regrettable.  

I like to control the project, so delegating and let other people be good at what they do will save time, energy, and resources.

To estimate appreciation, I currently use the general inflation benchmark as a baseline, with a few extra point for the Bay Area.As far as the exact appreciation percentage per year, that is not something we can control or accurately predict.My gut feeling is that higher inflation will translate into higher appreciation.

You don't have any control over when they will raise the dues or when they will hit you with an assessment.

This co-signer option can be done through parents, family or a friend.

I don’t think the MF house hacking thing in LA is not suitable for most aspiring investors due to rent control.

I do have a rental property in Midwest City, Oklahoma, but my parents live there and I don't make any profit from it.

South Lake Tahoe is a hot market right now, and CA has statewide rent control. 

I have a private party (parents) that would like to pay cash for the project and work out a deal that benefits us both.