Before that I want to know if the PM can hold my rent/security if I file a complaint.Additionally is there any other venue where I can lodge a formal complaint?

A member or manager is NOT PERSONALLY LIABLE for a a debt, obligation or liability of the LLC solely by reason of being or acting as a member or manager.(2)The failure of a LLC to observe the usual formalities or requirements relating the exercise of its LLC powers or management of its business is NOT a ground for imposing personal liability on the members or managers for liability of the LLC. [1993 c. 173 section35; 1999 c.86 section 10.]

We have very little as far as formal training goes.

The know how to raise capital, but don't necessarily have formal expertise in lending.

The first Is if you do any type of partnerships make sure you have a FORMAL agreement drawn up with at least one well thought out exit strategy.

They established an LLC for each individual and had a clearly outlined operating agreement detailing the roles of each party and profit distributions after the property was sold.I looked over one of these agreements and it was very formal.

Otherwise, they lose money on the transaction.I figured for a company as big as Huntington I would be able to find some reference to this particular offering but I'm not able to find anything.I've requested a loan estimate or something more formal but haven't received anything yet.

As some of you know HPC and the multiple funds and corporations they managed are actively under a formal criminal investigation.

If you do not do all the annual formalities and keep things separate same deal.  

There's no need to do a formal inspection of the property.