So I am not going to agree on some.

We constantly get the comments that it is much better than it looks which I prefer.So here are some links to read up on the topic @Mark Mileshttps://www.zillow.com/learn/how-to-make-a-virtual-tour-for-...You can go over to - https://matterport.com/ and create a free account.

We all don't care how much Apple profits on our iPhone... what really matters is the product or value we get or in this terms the ROI on our principal.The fees can be broken down in the three main fees (so you might have to combine some of the above fees under one of the categories below):Acquisition fee (paid % of the asset price) - normally 1-3%Asset management (paid % of the income the asset produces) - normally 1-3%Distribution or exit fee (paid % of the sold asset price) - normally 1-3%Development fees (this is present in development deals) - exampleNOTE: Just because these fees are high or the split structure has too much going to the GP does not disqualify it.

Sprucing up landscaping, applying new paint and coping with less neglected entryways go a long way.

I wasn't planning on going this big for my first investment but the deal, location and potential to value add was too good to not go for it.Thank you! 

This is really going to depend on the state you are looking to do business in.

The deal did not go through and they never returned my money.

I've just  been brushed it off for a while as I continued to build a portfolio on own, and wanted to continue to gain more experience before going down that road and the large responsibility that comes with bringing in other peoples money into the investments. 

Over time your property value will continue to go up, which you cash out on the sale.3.

I'm surprised someone verbally told you you can convert back to a duplex and didn't tell you that you must get permits.from what you are describing it seems the town gave you a hard time because you didn't get permits, I don't know that you have any legal standing to go after the town,  again, I am not an attorney