On a more positive note though one of the biggest lessons I’ve learned is that staying positive, and keeping momentum is critical to success.

Explore the viz to find out why It’s more than ever critical to pay attention to population data points for your investment.Highlights:1.

Being on the same page is critical to understanding how to proceed forward.

The reason for that is that done correctly it provides critical information your accountant will need to fill out the form 8824 with the least amount of research and billable time. 

What tools, resources, subscriptions are critical for a newbie to succeed?

@Rudy TateI just got this from fundrise:Fundrise Advisors, in our capacity as Manager of the eREITs and eFunds, has determined that it is necessary at this time to suspend the processing and fulfillment of redemption requests.While under normal market conditions, we seek to provide investors with the ability to redeem their investments on a regular basis, during times of financial crisis or extreme uncertainty, it is absolutely critical that we suspend redemptions in order to protect the interests of all our investors.As Manager, we have an obligation to make decisions based upon what is best for the entire Fundrise investor community and must always put the priorities of the whole above any one individual.Fundamentally, Fundrise investors own real property, which is simply not liquid. 

Calculating the rehab numbers and the ARV is critical.  

Can anyone point me to best practice resource for a partnership agreement, private placement memorandum (PPM), and/or other critical documents that need to be in order for the purposes of something as buying a piece of investment property with a business partner, or as complicated as function as a sponsor syndicating a piece of investment real estate?

Correct but the source of the funds in not critical.  

Just keep in mind that you are your own toughest critic.