@Dan Handford, in my experience legal fees tend to become hefty when there is another general partner/issuer level entity joint venturing and that JV agreement has to be laboriously drafted because the syndicator and the separate entity both require control, but are unable or unwilling to partner within the same management company of the syndicate.

It's really easy to get lots of information about properties online so i would suggest use those resources to find and analyze deals and then figure out what you are comfortable with.

The Florida Bar has free forms online

I use tenantcloud for $9/mo and have tenants pay online. 

@Luke Naylor I still recommend Quickbooks Online Plus.

From there I did as much research online and I went to conferences, I bought courses, read books,I listened to podcasts and youtube videos.A good place to start is with Fuquan Bilal's  book Called  "Turning distress into success".

I have looked at employment and growth rankings online and things like that but I also like to hear it from actual investors. 

@Jesse KerrYou can ask them about average sales prices, days on market, housing statistics, age of neighborhood/when homes were built, things like that.If you’re interested in demographics or crime rates, you need to look at sites like city-data dot com or neighborhood scout dot com or local police websites, or whatever you can find online, as agents can’t provide that information to you.

I may adjust up or down depending on the initial repairs that it will take to get the property online and in production.  

Spend the next couple of years studying finances, money management, real estate etc, tons to learn before you begin, and get your own personal finances back on line.