Also HELOC's typically have lower interest rates than personal loans since it is secured by your home.

Also, banks typically use a valuation process that does not favor the BRRRR strategy. 

I also have some capital to contribute.Could someone explain how syndications are typically structured, and how are people using Other People's Money (OPM) to build large portfolios with little to no money down?

You typically want the LLC where you'll be operating.

Some of the family-business real estate companies are starting to move from the (typically) patriarch who started the company in the 90s into the kids who are in their early 40's +/-.  

The profile of the typical Houston traveler is someone coming in for work.

National banks typically do not offer products that suite your needs here. 2.

If not, I have a lot of local knowledge and the typical trends of many of the Atlanta suburbs.

That being said, your typical cost of capital is as follows:EquityAgency debtBalance Sheet local lenderDebt FundPrivate DebtPref EquityHard Money DebtBookie/Loan SharkOther things that will impact capital sources: are you wanting to finance the improvements, or will you pay for those from equity/cash flow?  

This helps you stand out from the typical lowball inquiries the agent may have received.After the walkthrough, if you’re ready to move forward, explain your reasoning.