Although I don't currently own my own property, I could assist new investors in managing their new property. 

Any assistance/advice you can offer would be greatly appreciated!

Initially I was looking in a select few areas in Rhode Island because RI Housing offers down payment assistance if you buy in said areas.

You can find, target and market to those individuals by identifying a group using listsource.com or something similar.You're looking for high equity sellers that have owned the property a long time and preferably live out of state.

First off, the syndication sponsors I have worked with seem to be more prompt and personable individuals.

If anything I would live in one room and rent out the other two individually at around $500.Property Type : Single Family 3 bed 2 Bath.Property Price: $200,000Down Payment of 5% at $10,000Loan of $190,000 at 5% interest rate                         ExpensesTaxes $150ExpensesInsurance $ 115Electric $ 100Water $ 70Gas $ 50HOA $ 0Lawn $ 25Vacancy $ 100Repairs $ 50Capx $ 100Mortgage $ 1284.96Total Monthly Expenses $2,044.96                "Cash Flow" (Didn't know what to title this section)Out of pocket $744.96Tenants Rent : $1300       Cash on Cash Return (This is the main part I need help with)Down Payment $10,000Closing Cost $3,000Rehab Budget $7,000Total Investment : $20,000

I have had good results but I should point out I don't have apartment style condos, I have one townhouse and one townhouse style condo (both are in 4plex style individual buildings), which may not be quite as restrictive as attached condos.  

I have a motivated seller, he is very eager to sell his house.  However, it is an inherited house and there were liens taken against the house back in the day.  The amount that needs to be repaid for everything is mor...

At some point we're going to get the answer to your question I suppose, because the so-called "sharing" economy is probably not going away, nor is the individual hustle; technology has made super-sized employers less powerful and more people than probably ever before have the opportunity to survive on side hustles and non-traditional work. 

@Brandon Reed,  thanks for the information, I'll do my best to assist when I can.