Hello @Michael M.If you are investing in Florida you have the benefit of a GREAT land trust statute. 

I was just hoping to not have to wait almost an entire year to begin depreciation benefits on the second large payment.  

And I want all of the tax benefits 😀But if I did invest I’d want someone to have owned or led a previous syndication with comparable magnitude.

I don't think I would have made it out alive trying to read and regurgitate that thing on my own.The huge benefit of having an instructor is that they will shorten the book immensely by pointing out lines/facts that are likely to be on the state exam.

The HELOC is fixed for the first 5 years and then it will adjust with prime, the draw period is 15 years, and the amortization schedule will be 30 years.Since I think the market is hot/inflated right now, and inventory is low, my goal was to get a high appraisal, lock in a HELOC, and use it to buy properties at a discount down the road (assuming that prices will reset within the next 5 years).

or how to raise funds for real estate investing, with topics on the types of why or how I can benefit my investors percentage wise.

Even with a letter, it still requires 30 day notice. https://www.military.com/benefits/military-legal-m...

Whether you buy the property cheaper, ARV it for more or reduce costs, is up to you.The 70% ARV is not going to change, so you’ll need to adjust accordingly on your end. 

@Jagpreet Singh while you may be giving up some of the benefits of having an agent represent you, your deal is more valuable to the broker representing the seller, as he will make more commission from you than if you have an agent, which may incentivize him to push your offer..  

You may also find an agent that has too many leads and would be willing to throw some your way.There is no wrong way to lead generate as long as you stay strong, adjust, and be creative.