What is common: buying a percentage of the whole parkThis is done all the time.Example:If the park is worth $5M and you buy 20 percent, you now own 20 percent of the entire business and all 100 pads, not specific pads.This is done through:A membership interest purchase (LLC)Partnership agreementOperating agreementYou become a co-owner, not the owner of specific lots.3.

Is saving 6% worth it if I have to stay partially hands-on from out of state? 

You can run a Craigslist ad "seeking someone  to research neighborhood properties, county records, and court records. 

Your first 2 deals provide you with a good track record thus far. 

Hey y'all, Has anyone come across new build opportunities for rentals? Are there builders selling before the end of the year? 76179 has been great for my client so far but we want to expand to other parts. Are there o...

Record the purchase on LLC #2’s books.LLC #2 now owns the property, so it records it as a new asset at the same fair market value you used in step one.

It is worth the time considering you live out of state.  

A record low. 

On one end, you have sponsors who attract institutional capital, family offices, private equity, or high–net-worth investors where the LP's often negotiate stronger terms and maintain greater control. 

Again, others might disagree.a) Track Record: Get the entire track record for the strategy.