I would be less interested in finding deals, running day to day operations, etc.If you have been able to form a successful real estate partnership in the past where you are (or close to) a passive partner - how did you find the right partner?

[Don't forget to check sold comps and actual market rents before believing pro forma figures!]

If you form a company or take ownership together you may have partners that may not work out for the long run.

And Im sure that is why they are still available. i've also notice many are priced with the pro forma NOI. 

I also noticed that the ground rent owner seems to have had a family member form a business entity that takes the ground rent payments.

Hey guys, I am currently reading "The ABC's of Real Estate Investing" by Ken McElroy and he mentions getting on an email list that sends pro formas of apartments to practice analyzing deals.

Do they show all realistic expenses on their pro-formas?

Typically a lower yield property is the market determining that that property is lower risk than some huge pro forma cash flow property, which likely has that proforma cash flow being so much larger because the market views it as a higher risk asset.

(even when they don't fill out a contact form) as well as visitors to your competitors. 

Just look at a TK pro forma.