Don’t think so, each property is treated individually. 

I don't know the individual you mentioned for possibly mentoring you, but these are some basics to find out from them before you put your hard earned money into a mentor."

I would go for individual awnings, no need for an entire long covering.

Understand that there are two different kinds of "private" "lenders" ...The first are as you're probably thinking: individuals in the business lending out their own funds on hard-money terms.The second are lesser known / understood: people you already know - friends, family, neighbors, etc. - who would be willing to invest in your deals for a return on their money.

Any suggestions or trustworthy individuals?

You are very correct about them being jointly and individually liable for the balance of the lease.So, for me, I would just do a background check to make sure they aren't a felon etc.

GuysThis is sort of a continued post from the thread belowhttps://www.biggerpockets.com/...I have a few k1's with syndicate and ATM funds which have invested in many states (12 for me). I spoke to my local CPA and he ...

A great mortgage broker will help advise you, based on your individual situation. 

Fourth, start networking with local investors and like-minded individuals.

The private equity individual will be paid off at the time of refinance as well.All in, we purchased a six-unit apartment building in one of the best areas of Minneapolis with a total of ZERO DOLLARS out of pocket!