LLP is more for professional services businesses.

I did all of my loans with small local banks in my area and was always happy with the rates and service.

Quote from @Judah Zuckerman: why don't you try LoopNet or crexi they have all types of property's' They really only have 1 type of property.......overpriced.

What penalties are normal for this type of partnership?

This type of reporting is an essential part of what BiggerPockets can be used for.

Is anyone working in GA closing these type of transactions reguarly?

The motivation is not necessarily to scale into larger opportunities but rather to achieve better balance and also optimize the performance of the projects and types of projects I currently pursue.I have no shortage of individuals who possess specific skill set who would want exclusive rights to that particular service vertical in return for contributing capital and a partnership interest (construction background and wants to take over all construction duties or someone who is a sales broker and wants to list all of the properties etc.)

There are some great pockets to invest in for every budget and investor type. 

I recently started my own practice as a bookkeeper and tax preparer, and am excited to learn more about how I can help best service real estate investors!.

Welcome and thank you for your service!