Typical syndication returns can be 8% preferred returns (favor LP - you get paid first up to this amount) and cash on cash returns of 8-10%/yr and IRR of 18-20% over 5 yr typical hold.  

I know Fannie Mae typically requires 90 holding period before I could flip a Fannie Mae foreclosure but what about VA?

., figure out their typical useful life, and determine how much should be set aside each year based on the current replacement cost.  

Another assuming question is, if all goes right, which is usually the plan but typically not the outcome, is the profit all subject to tax even if its partially used to pay yhe HELOC?

This comparison is a little difficult to do, since hotels and apartments have significantly different structures (i.e. you typically don't see people making 100-room apartments or condos).

Typically tenants don't shovel or use salt.

Remember these are people typically can't get a loan to by a house. 

Hi @Sarah Godil - I don't know your market, but typically I've found that the best advice is just to sit tight in your position.

I prefer to target specific properties, typically vacants, and track down a phone number. 

Plus, a lot of firms are taking a stance against dual agency and "encouraging" their brokers to refer the other side to a colleague, for a referral fee (this is what we typically do up here in Bellingham).