Timing is by far the most frustrating aspect to professional Real Estate investors, regardless of where you get your funds. Successful investors will tell you it's easy to find great deals, it's hard to make all the pieces come together in time. More people involved means more time is needed for everyone to do due diligence. Besides doing his/her own online research your funding partner will involve multiple members on his wealth team. These could include an accountant, attorney, investment advisor, bank, business partners, and Real Estate advisors.
Take processing times into account as well. You are working with a team and there are some obvious logistics involved, such as two business days to reply to emails. Professional investors are used to this after dealing with banks and various other lenders. Novice investors sometimes struggle with these types of inevitable delays.
Avoid getting frustrated with your partners. You will need them for your next deal.
2. The difference between an ok deal, a good deal, a great deal and a golden deal