The experienced syndicator would ideally take a larger portion than yourself since they bring the above. 

@Kevin RominesThe portion about being able to complete work yourself is not entirely true. 

When this person purchases the property, pay off mortgage, pay off seller’s remaining portion and keep the rest along with the cash flow from the monthly payments.

Good Morning Nathan,After you have acquired your personal residence there are sources where you can obtain a Home Equity Line of Credit (HELOC) for the equity portion of the property.Some sources require a seasoning period.

Way too expensive for the owner... and no fun for me.Lessons learned... the criminal background check aspect of tenant screening is of vital importance, as is mandatory inspections...

While there are some general contractors out there that are great project managers- most are construction managers at best (they understand what needs to be done in what order to complete the project- which is also vital!).

Our property manger handles this for us and in the beginning made all tenants sign a lease addendum stating that "3 months from this date you'll be responsible for your portion of the water/sewer bill".

For example, Mortgage payment for the tenants side would be 50000/2 = $25000 because that is their portion of the property. 

You'll just need to ensure your strategy is sound and not wishful thinking by the property manager, though they should be incentivized to make the increase.You can also eventually look into making the tenants pay for a portion of the utilities.

That's why I'm learning about the differences between sub-metering or instituting RUBS.A ratio utility billing system or RUBS billing is a method of calculating a resident's utility bill based on occupancy, apartment square footage, number of beds, or some combination of factors.Using RUBS to bill residents for water, gas and/or electricity expenses has several advantages including:- Requires no capital investment to get started- Enables owners to recoup a large portion of the overall utility expense- Can be implemented quickly- Immediately improves cash flow.I borrowed this example from Brooklyn R.