The key will be to maintain commitment to undertake what others won't or can't by constraining your own consumption to house people other than yours.

I wanted to find a PM for my rental but believe it or not, there were no PMs who were willing to take the undertaking. 

@Sam OwensSince you are a first time investor, I would suggest assigning the property "as is" instead of undertaking a rehab.Unless you have funds on your own or you personally know people with money, it will be hard to get money, even from private lenders, unless you are willing and able to put some "skin in the game" (money down.)You build up your experience and resume as an investor by doing a few wholesaling or assignment deals to start with.Also don't second guess what potential buyers would be willing to pay for the property.

How do I undertake this endeavor in a way that would withstand ethics scrutiny, if any were to come?

I am trying to find the best way to price and design this kind of an upgrade and whether it is a reasonable project to undertake.

I am extremely interested in the projects you are currently undertaking and would love to discuss them with you further.

Ongoing Management:Continuously manage and monitor the investments in the syndicate, communicate with investors, and provide regular updates.Creating a syndicate can be a complex undertaking, and it's crucial to work with legal and financial professionals who have experience in this area to ensure compliance with all relevant regulations and to make informed investment decisions.

If it's minimal, is your partner comfortable undertaking all of it?

Joe,Not so much getting something for free as whether it is something an investor would rather undertake the process themselves rather than pay someone else to do it.

It was a huge undertaking and the first of its kind in the US.