You could reach out to Kevin Kim at Geraci LLP in CA who's firm does securities and PML law in all states and is intimate with CA, OR, WA, and ID laws as well as corresponding state specific financial institutions governance (in WA it's called DFI or Department of Financial Institutions) and how to navigate their expectations accordingly... 

I am currently interested in getting a multiplex at/around Sweet Home, OR (Portland, OR is an option as well).

I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.

We set the price based on our original assumptions but the offers we received were all well below what we needed. 

If you're well capitalized and simply want to experiment, either Option may suit you.

You did so well in Detroit you got out of Detroit!

Currently I am on MIBOR's Economic Community Development Council where we get to learn and help fund non-profit organizations that are improving our communities.

I'd say that in your scope of work to make sure timelines are a part of it as well, and that you make it a goal of yours to never have the house "empty", meaning there's not a day that a worker of some sort isn't scheduled to be in there.  

The cream rises to the top and in my opinion the top 4 Real Estate crowdfunding sites at the moment are Realty Mogul, Patch of Land, Realty Shares,  and RealCrowd.Jon, I think your wrong on the funds as well. 

While you can use the SBA program (504 or 7a) for certain real estate acquisitions - self storage, hotel and/or RV Park/campground properties (gets tricky), rentals would not work.