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.

Hello all, I was happy to chance upon this group when I was researching the Synthesis analyzer on YouTube yesterday. A little about me... I am 22 and live in the Denver Metro Area. After catching the real estate bug six months ago, I have been obsessed studying 3-5 hours every day to buy back the time that I have been given and raise my own kids. I am currently working to acquire my first property which will be 5-20 units, class B or C, between Longmont and Colorado Springs, and creatively financed (seller finance, DSCR loan, syndication, JV, private money lending, hard money lending, etc). Happy to be here and add value!