They do put up a lot of red flags, but in talking with them they have at least put up a very professional facade.I wanted to broaden the question, and ask if what they are promising is even reasonable. 

No, more specifically deals found through networking with local real estate professionals, finding pocket listings, direct mail, etc.

My name is Terrance, and I’m excited to join this incredible network of real estate professionals and enthusiasts.

How to execute a 1031 exchange build to suitHow to operate and self manage a co-living property Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I think the greatest take away for me is to be Focused on what you want and Networking is your greatest tool (and my weakest skill). 

I wouldn't worry too much about it, if you have a competent CPA or bookkeeper they should be able to review your books and within minutes have a strong grasp on who gets a 1099 (spoiler alert, not every contractor gets one, I'll be annoyed if I get one since I'm structured as an S corporation) and the amounts to report.1099 filings are usually a loss leader for us, so if you're working with a professional make sure you take advantage of them filing everything for you.

Once you get through move in, the day to day management is pretty hands off and easy (famous last words, but so far, so good).Other than that, get a second opinion/eye from someone you trust - preferably a professional designer - on the furnishings and design.

There's no one size fits all approach to real estate investing and depending on your resources, skill set, and capabilities you may excel in one particular market or utilizing a specific strategy whereas another investor will excel using a different approach.  

Well you received reply's from the top heavy hitters in the passive game here on BP.choosing wisely is key as noted.. real estate debt can be a great spot for the busy professional.

House Canary (Tailored for Real Estate professionals, investors and lenders needing property assessments and market forecasts) 4.