Im not too privy to syndication but it seems a new geo is more of a lateral play while syndication is more of a deep ball play.

500 x 20% : $118K down payment + closing costs ($10K ball park): Total to purchase $128k Reno: $50k + $128k : $178k ADU: $115k plus $178k : $293k All in Rents: $5k x 12 months: $60k Cash on Cash return: 60k divided by $293k : ConC ROI: Gross : 20.4% (I'm sure you will have maintenance expenses, capx, PM etc etc ) and you will also have tax sheltering and deductions: plug in all numbers to get an accurate number). 

In my opinion large MF is a whole different ball game.

Here are some questionably and topics to allow to get the ball rolling:1.

I own a house in John Ball Park (Grand Rapids) neighborhood that has a large enough lot to add a second house.  

Everyone here balling hardMeanwhile im just trying to pay off my heloc, so i can go for property #3

My wife and I bought our 1st personal home in 2018 in a suburb of Los Angeles county (Covina, CA) and have built up enough savings (and equity in our home) to start the ball rolling, diving into the rehab/flip side of the business.The market here is tough to find deals, especially on the MLS, but not impossible!

We can have one thermostat off and one on  and each can have any temperature we choose. 

Looking for some good direction to get this real estate ball rolling!

However, it does give me a better idea of the ball park of the value.