You still need to have everything in place and ready to go at a moment's notice.

Or would it be better to just go at this by my self?

I brought market knowledge and access to the table and we talked off and on for a couple months bouncing ideas and strategies off one another, sharing deals and leads.It wasn't till some months later i got a random text from one of them saying "hey have you ever thought about partnering up and making a real go at this?" 

Instead of again explaining why your thought process is incorrect, let's go at it from a different angle nor analogy --You're selling a car (model and price irrelevant).I come by, we speak, I tell you inam interested.

I'm wondering if, given my circumstances, this is the right way to go at all. 

I’m gearing up to go at it again too and am ready to get shot down lots.

My point is that if you go at a slower rate & aim more for quality, you'll wake up one day with a portfolio you'll enjoy rather than a headache. 

I want to break into this space but I would have to go at it through syndication.

I am not as familiar with the gulf shores market as the PCB/Destin area but I bet you could make it work with it paying for itself if you are willing to only go at slow, low rates times frames.

Hi John,Cattle, goats, maybe cotton.Deer and other hunting.Sell it to a farmer.Lease it to a farmer.RV storage (maybe).Turn it into the NASCAR Waco 500 (if backers could be found).Good Luck!