Just to clarify, are all the real estate agents they recommend individuals who use and are familiar with Bigger Pockets?

I've seen many HOAs fall apart when they get a rule-Nazi in charge or when the HOA leadership gets tired and lets things go.

@Michael Saunders I haven't invested in any crowdsourced sites but... this is a very different type of investing than buying individual properties.  

These units, when renovated, would be worth good money if sold as individual homes - Big demand for these types of properties in my area.

Hi all,A group of friends and I are looking to invest because individually none of us have the funds to make the investment on our own, so we are putting out money together to make the investment.The question is do we need to set up an LLC or LLP in order to do this?

Really depends on whether or not you actually held title to an individual asset which if you are exiting a REIT the funds likely won’t be eligible for a 1031. 

Is it possible to have the tenant pay the utility costs if their unit in the property is individually metered for electricity, heat and water?

I'm always looking to connect with other like minded individuals and see how I may be able to provide value.

The rule for most hard money lenders is they loan on the property not the individual, they will usually have a BPO done on the place you are financing to determine its value, you will want a bit of your own money to play with if you go the hard money route.

I need to subdivide the land into 8 individual lots, but need to claim hardship in order to do so.