It seems like low-risk on initial glance, but syndication carries a ton of risk with it.

The better ones are where the seller is willing to carry.

@Carloz Gil, depending on where you are with the balances you carry, most times requesting an increase in credit limit will increase your credit score by decreasing your total utilization.  

Yes , they should be insured and carry workmans comp on their employees .  

I'll switch the insurance over to my car insurance carried as they do not do builder rates.

A few months ago the seller was willing to carry the note, with a 10% down payment. 

Frankly this is probably option #3 for me given cost, but it could rise if investors/private money are not there.Option 2:  Convention loan for Purchase, Investors into LLC for RepairsI can manage to acquire the property with my own cash and the monthly payment would be no picnic, but doable if I carried it as a 2nd home. 

I will add that I have never carried a loss of rents policy. 

Except I don’t know if I can carry a duplex if I don’t have tenants.

You can ask the seller to carry the 25% down payment.