Beginning from the terms Member/GP and Manager/LP, a syndication would have an equity split between the GPs and LPs that is heavily favored towards to the LPs, a JV would be an equity split among multiple GPs alone, and a sole propietorship would have one GP. Only a syndication has LPs. Are both of these statements correct? I am trying to understanding this from a model focused on syndication. Thank you for the input.

Hi, my name is Francisco Torres, everyone calls me Paco! I have had my real estate license in Northern Virginia for over 10 years, mostly just refferals/friends and family at this point as my real goal is a rental portfolio. I am currently doing a few short term lending deals for some fix and flippers and looking to invest the rest of my capital in multifamily deal. Looking for a smaller multifamily deal not so much of 200 unit syndication deal as I'm looking to start off small then build from there. I'm looking for 3k a month and have 100k to invest to get me there or as close as I can get. I would love to connect to any newbies or experienced investors. If anyone needs access to the MLS in Northern Virginia, Maryland, DC or Pennsylvania just let me know, I would love to contribute anyway I can!