Does interest rate play a role?

Typically the GP's are a team and everyone has different roles.

Ask him for the same deal, but the roles reversed.

The local market, finance for the property, and demand for rentals all play a role.2.

Alternatively you could possibly look into an SBA loan if you plan to owner occupy one of the properties (depending on your current role and whether its W2 or etc.) 

This approach not only ensures a steady income stream but also provides a significant community service.As the property owner, you'd likely take on a role similar to a house manager, overseeing day-to-day operations such as grocery deliveries and maintenance, or you could appoint someone to handle these tasks.

I've worked with many investors who sought a life style change and wanted to take a more passive role in their real estate.https://www.biggerpockets.com/member-blogs/7993/48729-are-yo...

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

(b) The failure of a limited liability company to observe formalities relating to the exercise of its powers or management of its activities and affairs is not a ground for imposing liability on a member or manager of the company for a debt, obligation or other liability of the company."

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