This also will have some form of prepayment penalty associated.

USDA loans stay in operation and are paid for by the Guaranteed fee that is associated with every loan they issue. 

mibextid=K3...You might try the VRMA (Vacation Rental Managers Association), we also have FAVR in Orlando and the rest of Florida, not sure if you have a local association.

I have yet to syndicate but plan to and have heard from many to not syndicate unless the deal is over 1M as the costs associated can hurt the financials significantly.

Association fees are getting out of hand. 

These have deadlines associated with them, so make sure you follow those.

It further needs a zoning variance which I know I cannot get because the local home owner's association opposed an approval beyond 2 families.

I am new to the community, working on acquiring my first small multi family property, likely through syndication depending on the scale of the property and associated costs.

There are also cost associated with buy (and selling). 

When you break down the numbers by individual properties using the first purchased property as a templated for the additional properties purchased however, you will notice that the numbers being used in the example are not scaling correctly.It took me some time to figure out why the numbers were not scaling and adding up correctly but I finally believe I at least partially figured out why the numbers didn’t add up.By the end of year 3 the 3 properties are owned for the following lengths of time and reflect the correct numbers associated with that length of ownership (loan balance, equity, property value, etc).Property A - owned 3 yearsProperty B - owned 1 yearProperty C - owned 0 years, it will be purchased at the start of year 4But by the end of year 4 the properties should reflect the following years of ownership with their respective numbers associated with the years of ownership (loan balance, equity, property value, etc).Property A - owned 4 yearsProperty B - owned 2 yearsProperty C - owned 1 yearHowever the summary total numbers that were provided in the book for all 3 properties at the end of year 4 did not add up correctly.