The opportunity for investors to claim something is fraudulent is heightened and thus recission risk is higher as are other causes of action here15.

And they claimed those were "comparables".

That hopefully will bring returns a bit higher than 20%, (just a bit, not unrealistic) and a volume that I can use to earn referral fees to grow my capital base.  

If one individual took title to the property, but made all three partners co-guarantors in their prorated amounts, could that individual then quit-claim deed the property to our created LLC?

I believe the recapture applies even if not claimed in prior tax years.

However, as to first mortgages of record, the lien is effective from and after recording of a claim of lien in the public records of the county in which the condominium parcel is located.

Definitely require documentation of all claims to protect both yourself and your investment.

Hi Doug - one main reason we are using a LLC is to protect our rental from being unprotected assets in the event of a personal legal claim.

I tried running the numbers with putting down 5%, 10%, 15% and 20% and the best cash on cash return I could calculate on rent of $1,400 (which is really good for the area) of no better then 1.1% and that's putting down 5% on a 100k home with rent of $1400 and all worst case scenario expenses included.So as you can see, 2% is unrealistics in all markets.

No illegal activities going on.I've heard over and over "... if someone really wants to find you, they will..." yet I don't see how someone will accomplish that using legal and legitimate means.Yet, somehow, from the claims I hear on this topic are that some people can easily get this information.