I've since come to love the community and hope to become the type of investor that uses real estate to not only improve my life, but the lives of my partners, associates, and community as a whole.Looking forward to connecting with you all!

Thank youTo add on to the other already excellent replies:- The syndicator typically either bakes their management and operations into the investment, thus making additional funds for themselves, or uses their own subsidiary or someone they have a partner deal with.

Our firm decided to integrate the two a few years back because of the constant push/pull and inconsistent advice between the two services...thus, we determined finding a strategic legal/asset protection partner, versed in our tax planning, was the correct route to go for our clientele. 

I recoup my insurance i front and my fee.. the fee is all in points and interest there is no monthly payment is all on accrual.. this allows this client to do 3 to 5 deals a month with me. this was a good one they are not all 50k profits but most are 15 to 35k each all with ZERO money out other than EMD which is negligable like 500.00 bucks and utls.. this is how you use a capital partner to scale.. 

Using a general partner and multiple investing partners. 

This is when hiring or partnering comes into play.

My advice for start up builder is U need to pay cash for the dirt to get your best loan terms.. also going to have to partner with a GC that has good experince your GC is going to either make you or break you as noted above.

I have a small real estate development/construction/investment company with four partners.

For mortgages without 2 years of income, consider non-QM loans or partner with someone more experienced, and don’t overlook creative options like seller financing or lease-to-own.

I do have a handful of clients that have ended up using multiple CPAs just due to who their partners were on different deals, and even in those cases they almost always end up consolidating to a single CPA - taxes are enough of a headache without dealing with 3 different professionals who each only have a slice of the whole picture.If you are going to regularly be investing across the country, it doesn't hurt to work with a firm that has State and Local Tax (often referred to as "SALT") internal resources, though typically this does come from larger firms with larger fees.