It’s a practical middle ground between owning solo and full syndications, but I think past bad experiences and a lack of simple education around these structures keep more people from considering it.

I run the numbers on whatever they send me (mostly to get practice running the numbers).Once I have my buy box finalized (almost there), I'll let the realtors I've been talking with know what I'm looking for.

One practical move this week is to underwrite one Fresno deal and one Indiana deal side by side using conservative assumptions and see which one truly supports your one door every year or two plan.Are you more focused on keeping things local for control or maximizing cash flow even if it means building a team out of state, and would you be using equity from your paid off home or starting fresh with leverage?

Do you have any advice when running numbers on properties for practice, how I could "double check" my numbers.

Then low interest rates happened and I decided to load up on more debt, as they were practically giving money away. 

Even legit lenders can have predatory practices.

Looking for some advice on best methods of practice for this, initial contracts to have outlined, minimum participation clauses, exit strategies, whether we should make an LLC or not, etc.

Start practicing now by underwriting deals regularly so when the right one pops up, you’re confident in your numbers and your team.

I’m not suggesting someone jump from owning single-family homes to syndicating large apartment deals or raise outside capital....we've seen how that has played out for both GPs and LPs but there are far more practical middle-ground options.One such option is partnering with family or friends who share similar goals and, instead of each person buying a separate single-family home, pooling resources to acquire a stronger asset.

To be clear this is not about investment performance, but about the processes and practices that shape the LP experience.Salesman are taught to STOP talking the minute the sale is made.