Example #2: I've hired VERY nice hard working people that were not well-suited to their role.  

We all probably like to pitch our Midwest markets when we are in a sales role, so full transparency I guess I’m guilty of that here.

Either option is better than entering into an agreement with a partner without clearly understanding your roles, rights, responsibilities, and duties to one another.I hope I helped!

@Rich O'NeillYou should invest as per your investment goals, market cycles do play an important role so always understand and analyze the all important factors before investing.For now if you have a deal that meets your investment goals you should go for it.All the best!

I'm currently in a compliance role full time.  

As a sponsor, do you believe your primary role is to bring people together via around your investment criteria/mandate?

Remember your KEY ROLE to the buyer is to provide value.

“Long Shot” Maintenance IssuesLike most wide-eyed, first-time investors about to close their first acquisition you have a grasp of what can go wrong but optimism plays its biased role and you under represent the chances of it happening in your head.

Sometimes agents that don't do well in that role do great as a TC. 

All of these questions will play a role in what sort of deal makes sense to invest in.