Find a mom and pop with a basement suite for rent and the likely hood is you will get in.Rather than tolerate your parents find the solution. 

@William Kim,For vetting a syndication, different investors do it differently because every investor comes from a different financial situation and has different goals and risk tolerance.

For someone with less capital to invest, I might be your best fit because you still want to grow your capital and might be more risk tolerant.

I could only speculate..What is your risk tolerance?

The market you buying in, the individual asset, and your investing goals/risk tolerance all play a large effect on how you should interpret the information. 

Noticed the nuanced response regarding purchasing a turnkey, rather than a rehab, and tolerating a mild cash flow deficit at least initially while one resides in the property. 

My current tolerable down payment 13,800 and as the months go on this increases by 1250 In my local market this pretty much limits me to 3.5 down payment for multi family units especially considering 401K moneys should be used for primary occupant homes.

I also don't tolerate poor work.

While that doesn't help you before the sale at least the property can be returned to an investable condition.There are a couple of options depending on the amounts involved and your risk tolerance. 

I voted on Jon's reply to your latest question - it really depends on your risk tolerance, and your level of confidence in what you are doing in using the online records.