We have started down the road of fixing the place up, because we have a strong personal relationship with the seller, but it's time to get this in writing and set this deal up legitimately.I'm going to jump on YouTube and watch some Pace vids, but any other suggestions, resources, etc. would be greatly appreciated. 

DIY Tips:https://www.youtube.com/watch?

Here are some ideas to get you started:1.Educate Yourself: Start with the basics—read books, listen to podcasts, and watch real estate videos (BiggerPockets is an excellent resource).

It's a wait n watch situation.

source=aw&sv1=affiliate&s.I just watched a video featuring the CEO of Furnished Finder.

Watch how these indexes move and you will get a much better sense of how the markets are actually reacting.STRs usually have a pricing hit to them versus a LTR with most lenders as well.  

Should be interesting to watch...

Just watching YouTube videos gives you only part of the solution. 

As you read these books, watch the BiggerPockets podcasts.

I dont have the answer and I was so scarred working at that company and watching a 1 b company melt down I never did want to enter the syndication space.