Another thing to note is that syndication doesn't really make sense for smaller deals since the compliance costs would be too much of a burden. 

Is this deal good ?

I turn the tables on the wholesaler calls.. if i can get past the telemarketer and get to the owner I then explain to the owner how I can fund deals for them..

I'm looking to purchase my first rental property and have been searching for a deal that would generate positive cash flow based on my projections.

Commercial deals are going to look at your qualifications as an investor as well as the DSCR value of the property supporting itself (at least here in the USA).For construction, you will need to look into licensing requirements such as a GC license.

He would need to find a place to live,which would take money off the table for collateral in his next deal.

Texas does not have a reciprocal agreement meaning TX agents will handle the deal but the buyer should cover my commission.

Purchase price: $160,000 Cash invested: $35,000 Another 1% single family deal in a transitional area creating long term wealth

Depending on the seller, you may sweeten the deal, by letting them know that they don't immediately need to cash out, or can partly cash out.

To get started, connect with a knowledgeable real estate agent and lender, practice analyzing deals, and network through local investor meetups.