I was considering having a lawyer draw up a baseline loan doc and make tweaks to it on a per loan basis.

You are correct that if you have silent partners (LPs), you would need to set up a syndication.  

I just was never a good employee and needed to do my own thing. 

I found a property in pre-foreclosure and need advice on how to clear the title in this case.Scenario:The seller wants out for the cost of his second (renovation) loan.

Here's a https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-report to the IRS website noting specific items that are included in the cost segregation study report.

The plan is to buy more this year, but I can only do one deal at a time.

I found this one on realtor.com by doing a search that only showed me properties with asking prices no higher than $150k

@Matt Smith generally speaking it’s a combination of rising interest rates which have caused cap rates to increase (thus wiping out equity), debt is resetting at higher rates, rising opex costs due to inflation and stagnant or softening of rents due to an increase of supply.

You are treated as a "student" trying to gain "admission" to their program. 

It’s great to see people with an eagerness to grow in real estate wholesaling.