Very useful input @Scott Mac on the difference between 80 LPs @ $50k and 4 at @ $1MM.My bigger vision is to get to a place with back office overheads, internal cash flows, and technology that would allow passive ranch investing to be available for as low as $500/ea for retail, non accredited investors.That is the democratization aspect and the vision/values vs execution dilemma I face when testing at $50,000 vs $1,000,000.Due to the registration being much cheaper, I must go the route of accredited investors only, for now.My subjective, populist, nationalist, rural Montana beliefs deep down in my bones that still emotionally and personally influence my decision-making-bias is that what we have in Montana is 1-special, 2-should be shared without being too commercialized and gentrified, and 3-is quickly being lost.With ranches as we all know, and I fully accept, becoming only for the UHNW, part of my core-motivation and driving belief is that technology (online syndication) should present an opportunity in the marketplace to bring in more of the "Average American" to participate, appreciate, and benefit from this asset; not just for it's historical performance, but for its actual tangible benefits (the feels).Pride in ownership, sense of place, vesting/shared interest in ecology, community, and food production.First it must be an asset though, one that makes sense in someone's diversified portfolio.

If you are looking at a lot of opportunities and for each one you blindly hand out this questionnaire, you might find yourself becoming quietly removed from some sponsor’s mailing lists.This might be no loss for you in some cases, as the sponsors who are unable or unwilling to answer the questions aren’t the ones you want to invest with anyways.But there are sponsors out there that go to great lengths to anticipate investor’s questions and spend many hours to produce some fairly thorough offering materials that answer most, if not all, of these questions.So rather than passing out this questionnaire to every sponsor you meet, consider using it as an internal checklist of sorts.  

Plus I like getting points that i can then use to book free stays internationally were room rates are sky high .. and consistent bedding and such..

The only thing missing now is the international travelers.I truly believe this is a great time to buy a vacation home here. 

As someone who invests in both cities, what do you find the difference being from an outside perspective (international at that)? 

What I will lack though is internal control of the process, so I will need to do a great job up front for each customer to ensure each loan is a great experience.   

Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

What you thing cheap could end up very expensive. not to scare you but this week,  I been trying to dealing with international buyers here in Baltimore, they were promised one year rent guarantee by well known company, bought 5 houses, paid close to 600K total, looks like if they can recover 350k, that would be fantasctic for them.So just be careful. 

Your choices are basically these:Find a larger multi-industry CPA firm that have accountants specializing in both areas and hope that they have internal systems to engage multiple specialists in your project.

you need to figure out what your goals are and in tern pick the right strategies that fall in line with those goals. i would suggest wholesaling a few deals.