First - you have to mention what the syndication will do as that will have an impact on how you get taxed.Given that this is a real estate forum, it is assumed that you are investing in a syndication that will invest in real estate.Most real estate syndications purchase real estate in year 1 and have a plan of selling / exiting in year 5 or 7.Often times, the sponsor will get a cost segregation study which increases the loss on the K-1 presented to the investor in year 1.This may be important as it almost guarantees that there will be no taxable income from the syndication from year 1 to the year before exit.If the syndication does well and exits at a price more than purchase, it may result in a taxable income. 

@Jeff Hineswhatever you end up doing i'd stay local. i know the markets you mentioned look tempting, but they have their own challenges - for example, the midwest housing stock is very old and often has severe deferred maintenance. 

Hi Nick, as mentioned before if you put a greater deposit down, you could get a better rate as a result. 

Those are all good resources you mentioned.

Your second question is in line with what I mentioned above you need to test, test, and continue to test.

If we are talking rental properties, then I completely agree with B, C, and D that he mentions.

However, as @Chad Hale mentioned, only if you can afford it - meaning both financially and mentally (e.g. how stable are both of your jobs, how long will it take you or your husband to find a replacement job, how much you have in reserves, and whether you guys are in a position to withstand that mental stress, etc.)When you mention 8k monthly, I am assuming that's net profit?

Have yet to see any of the posts mentioned, so they must have stopped years ago. 

Think I was just tired when I posted that and after I posted I was thinking it was a waste of a post since it can’t be done anymore anyway.I think a good option was as Jay mentioned, to buy with cash and refinance later.  

Your income is Sales priceLess Purchase PriceLess Costs to sell propertyLess renovations/repairs/holding costs.You mentioned having partners.