So max I have is $600,000, although I don't know if I want to spend all of this.My Goals:I want to scale fairly quickly, I am 35 years old now and I want to have sufficient amount of units/ properties by the age of 45.

Just make sure you watch out for the FHA SS rule (self sufficiency) however if you're buying in MI you should not have a problem with it.

So max I have is $600,000, although I don't know if I want to spend all of this.My Goals:I want to scale fairly quickly, I am 35 years old now and I want to have sufficient amount of units/ properties by the age of 45.

I want to do this all while ensuring my tenants' housing needs are sufficiently met.I'm considering starting with a 5% management fee (and no extra fees), giving the first 3 months of services free as a sort of trial period, and allowing owners to back-out of my services with only a 30-day notice and no extra fees.

If the funds that you net after you complete the deal is sufficient for you to continue with your goal, then 'yes' the deal is 'good.'

Hi @Bhavik Doshi due to FHA Self Sufficiency rule it's very hard to find a 3/4 unit in the DMV that works for financing.  

Tenants seem accustomed to 1 year leases and those have been sufficient for me.

Compare your ROI and if sufficient keep it as a rental.

Would a commercial lender only finance a syndication if the sponsor/MP had sufficient financial reserves or is there a way around this? 

In MA "buying a house" is not considered a sufficient reason to break the lease.