7 of 12 condos with 12 investors?

[Rick Amos]

I have a chance to buy 7 of the 12 units in a condominium.

I will probably have at least 12 investors.

What is the best way to structure the deal with Land Trusts? LLC's? something else?

Also, supposedly there is some difficulty with traditional financing because they are "deeded as condos." What is that all about?

Also, because we own 7/12 of the condos, we would control the HOA... what should we be aware of? Advantages? Disadvantages?

Thank you for your help!