Lastly, if you still decide syndications are appealing, get educated on how to vet the lead sponsor (including deep background checks), the market, and the deal itself (even though some concepts are similar, it is not the same as the single family long term rental analysis).

Find one that can be custom to your needs, has flexible pricing, no long-term, high-cost memberships and excellent customer services to determine how to best market to your leads.

I'm struggling to generate extra lead flow from builders, mostly because it's so difficult to identify folks that are doing ground up, business purpose construction. 

You might find good success getting leads there .

I wanted to burn down two houses on my 90 lot development.. not as easy as it sounds at least in Uber permit crazy oregon.. you needed lead and asbesto's test then remove those if they are present..

By BS I mean he is leading you on to believe these deals are low hanging fruit and can be found with very little money or effort.. that simply is not true someone like him if he is doing volume is spending big money each month on direct mail and SEO..

That leads you down the path of refinancing your first mortgage into the construction financing or coming to the table with $$$.  

YOu get on  a big team so you are fed leads with NO cost.

Influence or control can lead to a beneficial owner even if you own little equity.Also it is 20 FT EEs AND $5M Revenue AND a physical office.

Even moving for work (not switching jobs) usually has a reasonable lead time.Yes, your other concerns are also valid.BTW, if I want to verify a bank statement, I ask them to bring it up on the app and show me.