@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 I can not find a partner, I would love to have someone to consult on my project and ensure I am doing the right things.

Outside of real estate, I do other types of investing and consulting, I am a macro strategist with long term time frame.  

Hi Travis,The best advice I can give you is to consult with a lender, explain your game plan, and ask what is needed to qualify for a 30-year fixed mortgage. 

I would look into consulting with an attorney and maybe even going to the agent's broker and/or the Ohio Division of Real Estate. 

Most of us are doing this because we love real estate investing and want to help others grow with no expectations of a financial return, therefore our information is more reliable.

They might be able to steer you in the right direction.To piggyback off of @Jake Andronico, I'd consult your lender about your intentions to see if they would need any specific requirements.

you get mortgage paydown every month; you might be able to reduce your taxable income from your W2 with passive losses (consult your CPA); hopefully you get appreciation; maybe you get a little cash flow; etc. 

Be wary if rents exceed 1/3 of average incomes.Absorption/Vacancy: Consult National Association of Realtors for market time and inventory insights.

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