Purchased this one by myself - 80% LTV.

The less conservative is: operate as a finder or co-GP but with very good, conservative counsel to keep everyone in the clear.I recommend you read up on "disgorgement penalties", and make sure the sponsors that are recruiting you have done the same, before jumping into this co-GP/Finder ship.

We've already taken a few online courses and read some books, so we're getting our head around the multi-family syndication business.

Love all of this information.

I've got some things to put into place before this is final, but I think it's going to work.

Or maybe you have other solutions for this?

What you REALLY mean is this: "WAAA!

Hello I am new to the investing industry and have been reading/listening to podcast and reading forums. 

Simple things like this are why you hire a realtor.

I would love to hear from those familiar with this option (or any similar option available).