If you have the cash and the credit and the deal scenario works (meaning the project cost is less than 75% of the ARV) then you should get 80% - 85% of the purchase, 100% rehab held in escrow, at about 2 points with like a 1500 service fee.

Wholesaling is a super common point of entry and with your mind wide open, motivation, and dedication I present this...  

I am trying to be positive and also thinking "worse case scenario" most importantly we would like to refinance it as soon as possible. 

Isadore, the primary flaw in your idea is a common one among new investors.

It is the most common way to achieve the returns sought by the LPs.  

Used to be common in the past but not anymore.

There's a whole new set of issues when renting out to college students, but if you can do it correctly, I think you could be very successful renting out per room in those scenarios as well.

You'll have to follow through with quote requests from each to see which one best fits your scenario. 

No, this is common for states to not follow the federal guidelines when it comes to bonus depreciation, there is no exemption or other work-around.

It would be foolish that any syndication would not assume worst case scenario of rents coming in and be able to cover their debt for a fairly long period.