To recap, you pay to learn the necessary skills to source deals and capital for your educators and  you are actually taught to deceive investors by embellishing your track record and credentials by dangling your GP status in ways not representative of your true role.

Each role has its own challenges and benefits.

I could have easily paid for it, but I did it myself for the exercise.

I would make sure he understands his role on this until that lease expires.  

It sounds cheesy, but the best way to prepare is to work with a friend or two and role-play.

You say the contractor is resubmitting the revisions but where is the architect and what role is he/she playing?

Your background in physics and economics, coupled with your leadership role in the Commercial Real Estate Club, provides a solid foundation for success in this industry.

Although this 5.5% to 6% is taxable, it still enables them to offer above the 70% guideline.Experience also plays a key role.

then there is taking a role in the financing such as hard money lender or notes.

Even if one partner takes a more active role, both should understand the motivations and risks associated with investing.It's common for couples to struggle if they're not aligned on investment goals.