Would getting an attorney involved be best?

Also, knowing the tech terms for a project benefits u bc guys will know you know SOMETHING about what is involved. 

I’m guessing the process of valuation and creating legal shares was a bit more involved than Marcos had expected.

Just know the layers involved and be sure you are still able to complete due diligence on the sponsor. 

What you can also do is attend local or long-distance meetings and meet with people who are landlords in NYC. 

Up to now I've put my money into the stock market and I'm looking into diversifying into real estate as well.My current goal (assuming I decide to move forward) is to actively start in a year or two by buying a single modest place as a long-distance investor.

@Jennifer FernézFrom my experience, a solid approach to real estate investing involves focusing on cash flow, building wealth, and managing risk effectively.

Hello, I’m interested on getting some insight from anyone willingI currently live in Seattle and want to get into REI but the cost out here makes it tough to be able to get involved without capitalI read the out of state investing book and it got me interested in trying somewhere that I don’t have to burn up all my capital to get started1.

There are some people coming back because there's a segment of the population who love living in the city and being walking distance to restaurants, stores etc. 

First, what's your comfort zone for distance?