@Nick FerrariFinancials are not in good shape, but my recommendation was to cut to bare bones.

So I barely touch these leads and after a week, I have a bunch of leads and call messages waiting for me.Now does it matter you only do 2 deals a year?

If it's something where everyone is actively participating together, then that's not a security.  

I’m a new investor, and this will be my first purchase so please bare with me.

I really appreciate your advice and participation.

All of these comments by all participants are correct.  

You might be able to participate in an opportunity zone fund. 

The property also meets the 50% rule but barely with only $56 of projected cash flow with 50% rule. 

- sharing of revenue profits or losses- sharing of capital gains or losses- is any payment to be made to either other than as share of profits, eg for ongoing services- will the participants be operating a ‘salary/dividend split’ – ie taking their month by month requirements by way of low salary, balance as dividends?

If your net worth (income minus expenses) is under $200,000 or barely save $30,000, syndications are not for you.