My initial interest would be trying to rent them out as mid term/ short term rentals.

I get the fact that they want to be compensated for generating the initial inquiry however, wouldn’t they just charge the standard 5% rate?  

I don’t know why we didn’t get that vital piece of info in our initial meeting.So my wife and I are extremely relieved .She says she will stay on as a courtesy and if things come up it will just be an “ hourly “ rate for emergency type situations or basic boots on the ground necessities.We really like her enthusiasm and positivity and she is great at communicating and seems  sincerely empathetic to our situation.

Initially I was planning to withdraw Roth IRA $ to invest. 

This was our families initial home purchase after renting for a number of years.

If they are not, they would likely be the responsibilty of the property owner to initiate (at least in our area).

if your doing a senior project I would suspect your best and most cost effective landing solution is going to be a local community bank that loves real estate.. in my experience most will want 50% down on the dirt and a ton of experience and a really strong balance sheet.Myself I always pay cash for the dirt this makes finding a lending partner much easier.

Many companies charge lower initial fees which makes it easier to attract new owners but then charge inspection fees, after hours fees, fees for additional services etc.

I know many think I'm too strong and idealistic on this stance, but it's how I feel - I can't give my money to someone who has no or very limited consequences personally if the investment goes south.- Because of these incentives, only integrity and care for one's long-term reputation hold syndicators back from just raising as much as possible, as often as possible, and deploying the capital as fast as possible.

@Jessica HowellIn the operating agreement we typically put like $1,000 as initial contribution.