Is it just a limitation for that company or are they legally not able to do a double close here?

Section 306(c) of the Revised Uniform Partnership Act (1997)(RUPA) (a standard statute adopted by a majority of the states) grants LLPs a form of limited liability similar to that of a corporation:An obligation of a partnership incurred while the partnership is a limited liability partnership, whether arising in contract, tort, or otherwise, is solely the obligation of the partnership.

@Rob Smith - all great points above.One thing that I didn't see mentioned is becoming a private lender for real estate investors.IMHO - this is the fastest way to grow you limited seed funds.You can easily charge 1-5 points PLUS 12-15% APR for short term loans that are secured by real estate.I personally use a handful of private lenders to fund my wholesale business [I don't do assignments, I close on each property before reselling].I never pay more than 65% LTV and give the lender a Promissory Note along with a Mortgage.  

The question I ask to all the experienced BP members out there would be: Is it possible to invest in real estate with so limited knowledge?

At this time the coverage is limited to several San Francisco Bay Area cities and we are expanding to major metropolitan areas.  

Main strategy is to invest in NNN leased properties to national "credit" tenants, presumably to provide predictable cash flow with limited downside.If you're just looking to park your money, it's not a bad option as the broker commissions should be low.  

That price range may limit you to Baltimore or parts of PG county. 

The closest seem to be "Off Limits Ads" or "Advertising or Promoting"...  

I am brand new to real estate investing and I am looking to learn anything and everything I can about how break into the business with very limited capital. 

I have limited experience in real estate but if I were you I'd go talk with several brokers in your area (at the very least 3).