I have invested $0 dollars into real estate investments but am on the cusp of investing $50k into my first multifamily syndicate (we're closing within a couple of weeks).I'm looking for a CPA to answer a few of my questions and a lawyer to look over the documents I need to sign for the deal.One of my main questions is, I've been told I'll receive a K1 statement and that my monthly returns will be tax free. 1) Is it true they will be tax free? 

My property manager uses Buildium and I have been very happy with it as an owner they represent. 

Lot less multifamily which is why I haven't bought but it is where I grew up.Make sure you study the eviction laws, I believe tioga County (but could be a different close county im not sure) my lawyer told me that you now HAVE to pay to pack up an evicted tenant professionally and store it for months at your own cost if they leave their stuff behind.

(Note: I'm not a lawyer, but this is my understanding based on my experience)  A human being will need to sign on behalf of the LLC and that human will need to have the authority to sign. 

Reason #1:  If you're not careful even a bad lawyer can get it turned into a purchase, with all of the rent credited to the purchase. 

So another question, if the agent that’s representing the seller, but don’t represent me as the seller.

Other than an intro call, I haven't started working with my lawyer, so that's why I haven't asked him.

I have meetings with my lawyer to discuss partnership contract and acct for the financial piece.Since this is extremely new, I am building a team of a contractor, broker, loan officer, accountant, Lawyer and investors. 

Is this something I should hire a lawyer/other professional for or can I just do it myself? 

(I am not a lawyer so none of this is legal advice but have seen similar situations occur).