You'll be planting oak trees to grow over time, not bamboo, and that is absolutely fine. :)

Also, if the sponsor is new, I am fine with less skin in the game as long as it is significant to their net worth.

Read this fine forum.

In the northern ca fires a few years back it was downed power lines.. and PGE got massive fines for that..

And you may not know the answers to all of them right now and that is completely fine.

Even if small acreage that is fine. 

I had one investment in a syndication that would have been a total loss however the sponsor made good and repaid principal . so 3 year no return.. which is just fine by me personally I am not one who goes crazy if the return is lower or does not happen to me its principal i care about.. 

That’s true in our neighborhoods anyway, but we favor cash flow so it works out fine.

In some states, such as mine, you can do one assignment per year without a real estate license otherwise, you will be fined $25K per transaction. 2.

Non paying tenants(as a newbie I did no screening), dead tenants, Silly fines from the city for nothing, attempted robberies where I ended up with the cops pulled guns on me. 30 recently released convicts as neighbors for a while, a jacked up 7' tall transvestite call girl/drug dealer was my least favorite neighbor.