Don't rationalize a bad deal into a good one by using arbitrary % and/or depending on future events I have no control over.  

While I did learn a lot at the event, I was a little overwhelmed with some of the vocabulary words they used.

Be sure to check out BP Events and Happenings for the next LA meetup, or you can send me a message for the info.

hi @Al Brouillard who is the host of this event?

We are hopeful that once it sells, timing-wise will work with Bryan’s timeline of events to hopefully move us all in the direction that we want to go.REIN- I have been to a few of the meetings and have even paid for attendance to a couple of seminars.

We have members opposing the idea of the HOA taking on debt and others that don't understand they can go to banks to get a loan individually in the event this becomes a special assessment.

In the unlikely event that you do find such a small construction loan the fees and costs may make the hard money loan look like a bargain.

You might structure your interest with a note.If you are in title, you will be on the security agreement, deed of trust, but you may stay off the note.Frankly, I don't mind personal liability issues with rentals, good management keeps me from being negligent and in any event someone chases me, I'll sick my pit bull insurance agent and company on them, no one here will get past the liability limits even if 20 kids fall off the roof or the place blows up.

Maybe I'll see you at a REI event in the area..Just pre-registered for a few events with RICH in Houston. 

Free events, no sales pitches. http://www.meetup.com/Twin-cities-REI/