Take into account that Illinois is a judicial foreclosure state and our process is very thorough.

Personally I prefer more classic look in a room, with an upscale touch, but not so upscale that is too formal and stiff.

Without a formal term sheet setting forth every detail of the loan, makes it appear as a fraud.  

@Kent Foltz I think you've got to put the time in to research the different states and find the ones that will be the right fit for you.I started with non judicial states only then moved to judicial as well.

If you want formalized training, your best bet is to take a course and then network like crazy to get in the orbit of other successful syndicators so that you can see how they operate.Here are some resources:Value Hound Academy with Craig HaskellSyndication and Crowdfunding WorkshopGene TrowbridgeJillian Sidoti

It's good to hire your own representation that is working on your behalf, not the seller's.Letter of IntentIt's a tool to negotiate formally and in writing. 

Currently in the process of buying a house in Pennsylvania at a judicial tax sale through a county Tax Claim Bureau.  

Institutional private lenders operate on a larger scale with more structure and formality, offering quick and flexible funding but within a regulated framework.

So my question is, where can I find analysis tools or spreadsheets that I can use to work out the numbers and put together a formal/semi-official/convincing package to present to the prospective investors?  

Here’s a simplified breakdown:Lease Agreement: Since your buddy signed a 12-month lease in July '24, he is legally protected until the end of the lease term unless the lease has specific clauses allowing early termination under certain conditions.No New Lease Signed: Since no new lease was signed for the new home and no formal agreement was made, the original lease terms for the townhouse still apply.Landlord’s Request: If the landlord wants to break the lease or has changed their mind about the swap, they would typically need a valid reason, like a breach of lease terms, or might need to negotiate an agreement with your buddy (buy out)Legal Advice: Your buddy might consider consulting a local attorney or legal aid service for advice on his specific situation.