You understand some of the basic concepts, but also have some giant holes in your plan.

Most of these course instructors aren't qualified to teach anything but the most elementary real estate concepts and try to make their courses more marketable by teaching concepts they have no business teaching. 

The list of the top 300 oregon agents came out yesterday in the bizz journal my wife is number 89.

If you talk to a lawyer about the concept, some of them pronounce it "main profits" and some say "mez-knee profits."

These two concepts are separate from each other.

Good concept but so much red tape it does keep us little guys out unless the qualified developers are willing to bring us into their deals.

Usually its because there is a lot of debt risk. when interest rates went up a year or so ago I lost over 300k in sydication projects I was a part of because I didn't understand this concept.

I specialize in STR & Co-living concepts, which I recommend for the highest rental income potential! 

I personally hate the concept of shared utilities, there is just an innate unfairness about itAnd to be perfectly honest - this is a major due diligence oversight.

There are many problems with the concept which you have not bothered to address.