It can be very valuable but there’s a lot of nuances.

Being able to parallel path different leads seems valuable; somebody does my calls while I'm connecting with wholesalers / other agents, etc.

Looking for what makes this location valuable.  

These documents are the lifeline to your capital so as Jeff and @Chris Seveney have noted, don't skimp on the documents or the use of an Attorney to make use of the terms within those documents.I once heard Gary Keller of Keller Williams note that legal documents shouldn't be called 'agreements' but 'disagreements' because they only become valuable when there is a disagreement between 2 parties. 

I will say however, that there may be an indirect benefit to not APPEARING to hold many valuable assets.  

@Minnina Smith The Biggerpockets bookstore will have many valuable resources in it for you including some of the books mentioned here.

Plus, you might get some valuable insights right off the bat!

The passive losses will be valuable when you sell a property assuming it’s sold at a gain and you don’t want to do a 1031. 

Time to me is 1000x more valuable than money at this stage of my life and if I would much rather take the money I earned and diversify my portfolio into passive investments because I am too busy in my active life.

What I got in return was valuable experience and equity.- check out the BP bookstore and start with 1 book... then move onto the next.