This structure incentivizes the GP while offering LPs a fair share.Don't forget the preferred return aspect, which is typically around 6-8%.

This can be less adversarial and often less costly than going to court.Given the complexities involved, especially with real estate investments and an LLC, it's advisable to work with professionals who can guide you through the financial, legal, and tax aspects of the division.

I worked for companies that had full time people that did aspects of this.  

It's been a recent trend in "renting is cheaper than buying" which speaks to the "time" aspect of the above, because given the meteoric rise in prices, and many of the operational expenses lagging in there impact, and than landlord's lagging in the pass-through, there has been much truth to that statement.     

Document every aspect of your project to analyze what worked and what didn’t.Networking with other flippers and industry pros can also provide valuable insights.

I am confident in that market.I am okay with the challenge of it being harder to manage a few different units at the same time - and I would be on-site at least for a year.Investigating the market is simply a time and money aspect.

I know of only a few people that own rentals as a secondary aspect of their primary business.

Or, if that's the suit type you like, here is a place you could try and see if you like the fit.They will tailor the suit to fit you personally and not break the bank.visiting a store personal would probably be a better experience vs mail order.https://www.indochino.com/collection/premium-suitsor if you have a little deeper wallet: https://www.brooksbrothers.com/mens/suitsGood Luck!

Would a ChatGPT how-to resource tailored for the real estate industry be of value to some?

If the mentor is good, they will determine your goals and then tailor the information to your plan so that you can move a little faster and avoid a few mistakes, but you'll still have to do the work.