Let someone else give better assistance to the seller if you don't have a good funnel to sell in the area.

He is putting in 15% of equity as his family office as a TIC, tenant in common to the deal via a 1031 exchange, so that aligns him with LPs better than 99% of deals out there, also GP fees are fair to reasonable, 8% pref, then 80/20 and then for >14% IRR, they split 70/30, so better than 95% of last 100 deals I have seen.

Sometimes I'm off my numbers but generally speaking you'll get better as you go so consider this a cost of learning the business.If you want to find someone "reasonable" I'd go to local meet-ups and ask around for contractor recommendations.

Just Breaking EvenWhile breaking even is better than a loss, it's generally not ideal.I would aim for properties that provide positive cash flow immediately to ensure you're making a profit after all expenses.

most the time homeowners do things themselves and it would have been better to contact them.

Drive around a bit as well - there's still a lot of regional players in billboards if one is operating in your market chances are you'll do better with them. 

So when you go you will be better prepared.You may also get to see some attorneys and if you decide to hire one, you will see which ones actually go to court, which ones are prepared and worth their money, etc.   

This is more advanced strategy here based on your AGI and goals so a personal sit down here would be better.

Sometimes better to head off trouble at the pass.....

I'm looking to get financial and time freedom and make a better life for me and my family with generational wealth.