BP is a powerful medium.

I know how powerful their attorney's are, I will not get into what words they own, I'm sure you'll find out soon..

You could attempt to get a construction mortgage and that should solve your problem of stretching the buying power.

Not quite as powerful as the MS suite, but more than adequate for most purposes and the price is right.

Basically wondering if my wife and I can use the LLC concept to increase our buying power?

Here even with common heat and power I bill the tenants according to the square footage.I have pet fees.Technically I can't fine (usually reserved for government) tenants but I do charge them for behavior that costs me money.

The HOA sounds like they are over stepping their powers.

At this point though, a I would focus on gaining experience and getting a couple of deals under your belt before accepting investments from friends/family.

I'm optimistic that the Trust will not be considered a disqualified person based on the IRS definition... (5) any direct or indirect owner of 50% or more of any of the following:the combined voting power of all classes of stock entitled to vote, or the total value of shares of all classes of stock of a corporation that is an employer or employee organization described in (3) or (4);the capital interest or profits interest of a partnership that is an employer or employee organization described in (3) or (4); orthe beneficial interest of a trust or unincorporated enterprise that is an employer or an employee organization described in (3) or (4); The 3rd bullet references a Trust and it mentions the beneficial interest and not the trustees.

Just credit them the days during which power is out.