@Melody T.If this is your first syndication, I would schedule a call with a securities attorney and have them walk you through the PPM,.I would also hire a consultant to get answers to all the questions you posed, from fees, to alignment in interests, to the deal itself and the underwriting.Good LuckGino

If you prefer to have someone send properties that align with your criteria and handle the transaction for you, then I say just work with a real estate agent.

But generate a nice windfall that is has a large tax-free component.1.

Understand the payment schedule and ensure it aligns with your financial situation. 

There are several components to keep in mind, none are too complicated.Provide a Purchase Option and a Lease Agreement as separate documents, if they dont pay rent, you can just show the lease agreement to the courts (without showing the Purchase Option and complicating the eviction).

This aligns with my thoughts too.

The loan often has two components: (1) purchase and (2) renovation where the latter is usually funded through reimbursement.As an FYI, lenders usually require the property be non-owner occupied.

You can easily translate those skills to align with your investment goals.

Remember, hard money loans are typically short-term (3-18 months), so make sure your flip timeline aligns with the loan terms.

So I definitely think understanding the big picture and how your situation aligns with your personal goals should be taken into consideration.