Hi Cole,Yes, 1-3% acquisition fee; 1-3% asset management fees are the main fees that syndicates charge and are industry averages. 

I haven't contacted the main CPA/company owner yet as I wanted to digest the situation and consider all of the thoughtful replies here.

The low supply of them, combined with high demand make this one of the most competitive asset classes in an already competitive market. 

Property Owner Name,If you were to ever consider selling your property at 1234 main street.

When I buy multiple things on a reciept I don't know how to entet different amounts into what category.example: Buy paint, a tool, and all the supplies to put on a roof on the same reciept.I assume all the material for the roof goes together but in what category?

Skip to cliff notes for shorten version, numbers, and main question if you don't feel like reading a long post. 

Because when you try and sell 123 Main St. which is a 3 bed 2 bath house on Craigslist without a RE license you are violating CA business and professionals code.

But that is mainly because I have very reliable family and friends back home that I can rely on for anything that comes up.

Main need is foundation and architecture. 

The BP calculator does not know unique location dynamics, supply and demand, redevelopment, gentrification, demographic patterns, job and population growth or lack of, schools, crime...you get the picture.