The big key in commercial is the value add aspect... 

Eric, (or anyone for that matter) can you define your idea of fantastic vs acceptable deals?

Let’s start by examining what the FHA single family home loan handbook, HUD 4000.1, defines as a loan assumption.

Watch for an aspect of RE investing that intrigues you and sounds like a good fit for your skills, interests, and current financial situation.

Never a bad idea to define roles /responsibility but word of caution don't go overboard.

You shadow or mirror someone who is successful in the aspect of the business, and finally you assemble a team to help get you there.BiggerPockets and these meetings will help you to start learning the various aspects of the industry whether it's property management, flipping, rehabbing, etc.

The analyst above misapprehends many aspects of our business and finances (as demonstrated here and elsewhere).

I work full time as a Detective and enjoy the long term aspect of REI (Buy and Hold - Rentals).

Certainly roles should be defined but if this is a partnership the partners should be putting in money into the deal and aligning w/the investors. 

However, this is assuming that your records are clear and organized, and given to him in a timely manner, so that he's not rushing or confused about what you've presented him.When I work on complex returns, I start with the headiest pieces first - the aspects that I know will need the most attention and will likely be under the most scrutiny from an audit perspective.