Sometimes you'll buy at the top, other times at the bottom. 

They are as such tax neutral for its member and don’t pay taxes directly as they pass the tax to the member(s).They are used for asset protection mainly.

Just thinking out loud -- dangerous, I know -- Hah, I didn't even get to the bottom of the thread yet and posted essentially the same thing.  

So if my business leases the airplane at a neutral cost from the LLC, no profit equals no need for 135 certificate.All this set-up (new LLC, Lease agreement etc) was going to run about $2000.Accountant asked how much aircraft use was going to be personal vs biz use and I was honestly at 70% personal 30% biz so does the cost of setting up the entities justify the tax savings? 

Bottom line - do not let this go! 

Bottom line, it comes down to how active you want/can to be with your investments and what returns it will produce based on your time devoted to this business.Here're a few articles on the topic for you:https://www.biggerpockets.com/member-blogs/10850/84064-what-type-of-investor-to-be-when-i-grow-up-active-or-passivhttps://www.biggerpockets.com/member-blogs/10850/85836-should-i-buy-a-turn-key-property-or-invest-in-a-syndication

Now its one year worth of interest.If my scenario of sluggishness economy for a few years doesnt pan out i may be a bit sad cashing out a cd early.there are some reg A offerings  ( don't need to be accredited ) that pay 6%  are the bottom of the capital stack ( safest) with 30 day calls..

Bottom line, as @Mike Dymski pointed out I’m not a professional in this area.

If there are 2 layers on it currently, it the bottom layer asphalt or slate?

look  at  Kitsap/ Mason  county  as there are lots of lakes and  also  salt water  options that are swimmable  ( bottom section of Hood canal) .....not  positive what 300K  can buy  these days