James,As I worked alongside several syndicators starting with some in their emerging / ramping stage, one of the best ways that they got started is to surround themselves with experts early on instead of trying to DIY w/no brand identity. 

These hiccups were pretty minor. 

Jill- I don't have the skills, but I can work alongside and assist the guy that will be doing the work (which is what my Gran suggested).

Alongside our inspections, we are putting together the strategy for the park, running our test marketing to understand the demand in the market, and creating the budget for the project.

If the credit hiccups are minor it might be a better idea to pay off whatever is hurting the credit.

You might hear some people say to look for sponsors that are investing money in the deal alongside you, as if that "checks the box" that the sponsor will do the right thing. 

After everything we ended up settling on a Land Contract that made us both happy and got me into the properties and him out of the mess that these properties are.Overall the transition has been almost what i expected other than a few hiccups along the way.

 @Kevin Wright Looking forward to learning alongside you!

Are there any hiccups in rolling the credit line to a mortgage on the house that anybody knows of?

There will be hiccups in your 'passive' investments.