The best way to find them is to send out mailers.Some good lists to target are Absentee Owners with Equity, Seniors with Long-time Ownership and Homeowners with Low Financial Stability Scores.You can work with a list broker to optimize your list for your area.

It also includes common forms that you can edit and use.Their web site is a free resource with links to your state law but I highly recommend the book for some of the practical advice they provide.

It really just comes down to if they meet the standards that you are looking for.Now if there is something wrong or sub optimal with their application, then that is a whole different story

You will learn far more in a 20 minute conversation with an expert than with a weekend real estate seminar or hours poking around on the web.

Syndications will almost always be to cover the down payment, renovations, and other costs in order to increase rents and to optimize ROI.

I visit Oahu every year to check on my properties, optimize processes, meet fellow investors, and work on my tan ;)Besides my Oahu rental portfolio, I have invested in over 15 private placements/'syndications" passively over the last few years.

We are not optimized, but I have accepted that.

@Rinee John de Leon with all the good info.On the flip side, I generally don't suggest using web referral services such as Angie's List, CraftJack, or HomeAdvisor.

This is what adds to the inconvenience of this thing - it's all outsourced to some LID collections group with a terrible web page. 

Looking back I believe we could have/should have adjusted our rates to optimize our payouts.