Decide which game you want to play.

I'm curious to see how this plays out for future reference

Wish you could play nice and give them a 60 day notice, but you'll end up eating two months of rent instead of one. 

The con here is evaluating the sydicator, checking their due diligence and financials are correct and conservative, and then making sure no games are being played. over the past few years, many folks including myself have found themselves victim to overly aggressive syndications where the operators were reckless with investor funds. 

My thought process is that this would be an equity play but am worried that I would be handcuffing myself for future investments.Option 2 House Hack with Partner: My friend/ potential partner is looking to do the same thing.

Oops . . guess I'm not 'playing' tomorrow on a beautiful spring day - I'm sitting at my computer doing taxes . .  

But at the same time, you need to figure out what kind of game you want to play.

Experience once again comes into play.

Companies can vary widely in how they do things, the types of liabilities they have such as staffing, rents, notes, among other things, which play significantly into profit margins. 

Decide which game you want to play.