Purchase real estate with an investement group or club?

[Cerita Willie]

I would like to know if anyone has had any experience forming or being a part of a real estate investment group that purchases or acquires commercial real estate? If so do you have any advice, suggestions, or things to consider? I have recently formed an investment club and our main focus will be the acquisition of commercial real estate. I am an agent/ investor that is focusing more on commercial than residential. I decided to do this to share the liability, the profit and the risk. I already had a real estate networking group so this was a natural transition for us. I have quite a few people who have already "applied" for membership, so that is not the problem. I appreciate and welcome comments.