Besides that, just wanted to chime in real quick - I'd highly check in with a CPA and I am no tax expert, so wanted to preference that.

Check all docs carefully. 

I'm now realizing that in the state of South Carolina, the tax rate jumps 2% for rental properties to help fund public schools, a $600/mo cost that I didn't account for when using the calculators in the earlier stages.

I’d like to learn more about syndicating, could you share some good places to check out?

@Anthony Rondinelli..lenders have different nuances that have to be taken into account. 

Quote from @Cody Christensen: Check this article from 4 weeks ago. 

I'll check it out!

I also own a tax and accounting firm as part of my business investment goals, and this has been my main focus during the current tax season. 

They will handle the collection and distribution of payments, amortization, escrow accounts, and any tax documentation. 

Between the time associated with making the investment, tied up capital and associated stress involved, even if the investment breaks even or produces a small gain most would look back and wish the money sat in their account until a better opportunity presented itself.