While the forums here may be helpful, those forums are private and specifically for LPs of any syndication deal, that niche group may have more expertise for you in this situation. 

We have 11 properties under mgmt with them, all built by their preferred builder. 

I'm an independent agent here in AR and I write a lot of rental property, with ~6 preferred markets and if the properties have some issues, age, claim history etc.

Invest with syndicators who have a narrow niche and proven track record.For example, if an operator has done 5 or 6 workforce housing value add deals in Dallas, and they are offering a similar deal now, that would be encouraging.if however, their current deal was a brand new luxury Class A building in Charlotte and this was their first acquisition in Charlotte and their first class A deal, as an LP I would pass.Find operators who do one thing and kill it in that space.Find operators who own or have gone full cycle with similar assets in the same market.For example, my firm, Spark Investment Group has a very narrow niche - sub 100 unit MF or BTR in Greenville SC.

I'd prefer 30 year fixed rate debt at 7% over this arrangement unless there is something that I am missing.

I wouldn't want someone to hold back, I prefer honesty and straight talk. 

Done multifamily, SFR, STRs... and finally found the niche that I love the most and believe has the most potential for decades to come.

@David Lewis I prefer real estate over stocks due to taxes. 

I’ve been a serial house hacker in the greater Boston area so happy to connect and share some lessons learned.Multifams inventories are quite low depending on your budget and location preferences.  

If there's anyone else from my neck of the woods, I'm wide open to learning how to navigate this niche.