There's very little way to go wrong here since the alternative is paying to live somewhere else anyway. 

I had a nice conversation with them and approved their booking for Aug 2025.So, it pays to keep an eye out for a repeat booking that looks fake as they could just not be seeing you responses. 

Seems to me that if an investor considering syndicates who does not have experience or contact with syndicators would do well to join with a group of investors experienced in investing in syndications and pay the membership fee to “ride” the knowledge of experienced investors in this field.  

Now, you need to figure out how to find deals and pay for them.

Do you have a/some target area(s) in mind yet?

How much do they want you to to pay, to pay off one of the mortgages (or both of their existing mortgages)? 

Quote from @Sarp Ka: Quote from @Patrick Roberts: Am I understanding this correctly that youre expecting to get a $700k property for $500k because youre paying cash?

Step 2- close and start rehab-- would need to pay holding cost during rehab?

Bigger Pockets has a directory of tax professionals.Here it is: https://www.biggerpockets.com/business/finder/tax-and-financ...Just keep one thing in mind: any directory, this one no exception, is paid advertising.

This would likely take coordination with a tenant at some point - (ie - plenty of notice to them that they must vacate in order for you to sell the property)Since your current home is free and clear -  you could do a cash out refi or take out a new mortgage on the new house to be able to buy your paren't house and pay off the mortgage.