YUP... some states deem multi bene as Securities that need to have a security offering ( Oregon ) other states like CA have a 10 person limit before you need a securities document.. other states I don't know how they each do it.. but you will find out shortly no doubt.. the attorney you retain should know this right off the top of their noggin.

To get to know it better, I'm doing some works as a general contractor for some investor, I put together a team and we can help in the San Antonio area, for now.My goal is buying some Apartments on a short term.

Grant could sell raid Raid to a **** roach and make him feel good about the purchase .You can join my "ultra-special, premium deluxe, limited edition, diamond jubilee" club with only 200k spending.

It is in a great location and I am currently finding out if they allow short term (airbnb) and long term (corporate/tenant). 

I am paraphrasing the quotes here but that is the short of it.

Long story short I am trying to decide if I want to invest in Iowa or Texas. 

He then indicated some lawsuits in other states (not where I am in Colorado) where the HOA lost trying to prohibit short term rentals under similarly worded clauses. 

If you buy anything turnkey multi in the areas discussed, you will be paying a huge premium and very doubtful you have any positive cash flow. 

I don’t have any experience with these, but I think you will find better answers in the short term rental or vacation rental areas of the forums.  

Depending on the value you can get a short term loan at around 8.5% interest only on a cash out refi No seasoning needed