@Adam DrummondDepends on what you are seeking, private in the sense they are investors you personally know vs. an organized group of investors.Pros: easier to obtain vs. traditional lending.

He's been running The Pines for 17 years now, and seems to take the process of maximizing return and organizing his operation quite seriously.

Tom, I agree the upfront costs are significant to organize in IL.  

Art Crosby is the Executive Director of this organization and will be discussing best practices for staying in line with our local rental laws as well as national laws.

Our sponsor has previously organized, as of the date of this offering circular, the following similar program: Fundrise Real Estate Investment Trust, LLC, which was formed to originate, invest in and manage a diversified portfolio of commercial real estate investments through the acquisition of commercial real estate loans.

And if you haven't organized to have a lot less monthly expenses (trying for ZERO, if not positive cash) even while you live there this time, what makes you think you'll succeed the next time?

There is a local REIA meeting the 3rd Monday every month and I have been mulling organizing a monthly lunch get together.If you need help please reach out to me, I am a hard money lender, realtor and investor.

I have a mom & pop operation and need to get organized fast.

As someone who is from Newark and still invests as well as volunteers there (with a youth mentoring organization ).

Organizing a regular cleaner or gardener etc.I have found it best to just include it in the advertisement and lease rather than offer it as a choice.