We understand the unique challenges and opportunities that come with your profession and can tailor our support accordingly.Looking forward to connecting with you and helping you navigate your real estate investment journey!

IMO understanding how NC contractors laws/requirement is important.

I sold a house I was renting and with that money, I could buy this "new" house and have some money left for the rehab.My main objective for sharing this project is to understand what investors care about before, during and after an investment is done, so I am willing to answer all your questions and share with you all, the information related to the project.

And everyone who views real estate as strictly a leverage game and not one to enter without it, understand finance is not only mathematical but behavior too.

I.e. if you asked the syndicator in email how capital calls are handled if you don't fund and they respond "your ownership will be diluted", but the docs say your ownership will be relinquished: the docs are right.And along the lines of needing more capital when things aren't going as planned, as an LP I would highly recommend you understand the rights of the GP to bring in pref equity ahead of your capital and/or make loans to the property/deal from their own pocket, also placing that capital in priority ahead of the LPs.  

My understanding is we need to file a 1065 to generate K-1s.

As a business owner it behooves you to thoroughly understand the state laws.

If my moms can creatively come up with a way to keep her taxable income below 47000$ ( for single filers) she would have to pay 0 in capital gains on the sale of her property, am i understanding this correctly. 

You must 1st understand all the different ways to structure creative deals so you can explain them to a seller. 

When issues come up, you can feel "squeezed" without the right understanding and agreement in place4.)