Beginning Syndication Fund

[Joshua Israel]

Hey BP,

I am a graduate student in a real estate development program. I do not have considerable funds to get into real estate myself because of this. I have a partner that is willing to contribute money into a LLC in return for my management. However, I also wanted to start doing syndication in my area (Buffalo, NY). What are some things I need to have in place and/or know in order to begin starting a syndication fund. Lawyers, Property management, LLC Formation etc?

Thanks to everyone in advance!