I just coordinated two RE deals for investor clients of mine in Delaware County. 

They create the team and a plan, acquire, due diligence, take care of loan products (If needed), oversee construction/renovation, hire property manager (or run in house management,) take care of accounting/taxes/K1s, deal with closing or refinancing.An LP (limited partner) just puts in the funds (after hopefully vetting the GP and team) and keeps fingers crossed while earning mailbox money. 

If you have to double close for some reason you do have to have your own funds to close the deal first before it can be sold your end buyer.

At this stage, your focus should be putting as much money as possible into your first deal, rather than on accountants, lawyers, or consultants.Hiring a CPA can wait until you’re further along—either when you’ve got something under contract or need help with entity setup or tax planning.

Hello everyoneI am an investor newbie, looking to make my first deal.

He can deal with odd/unusual situations very well. 

Am I comfortable with the risk of the syndication deal and I am informed enough about the risk that if all the money disappeared, it wouldn’t be a deal breaker financially for me and my family?

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

I am happy to send the listing if someone can help me analyze the deal. 

@Emory Clayton I see this happen all the time which the mobile home parks have to deal with.