This allows a defined stamp (image/text whatever) to be applied to the pdf and has dynamic fields that take input that become part of the stamp.After that you have to "flatten" the pdf otherwise the stamp can be easily deleted by anyone who opens the pdf. 

I just want to have more freedom” – I hear you say.Alright, let’s define freedom.

For a new contractor the expectations you talk about and what happens during the rehab are 2 different things.It even gets difficult to define what is cost? 

First, define your criteria for "success".

The relationship aspect is important because you can learn someone's character, watch them do deals, and decide if you want to get involved.Be wary of making your investment decisions based solely on projected returns.

You as the syndicator would need say, $100,000 to personally invest, and you would need to find the investment opportunity to sell the project to Accredited Investors as defined by Rule 501 of Reg.

Define your rental criteria and make no exceptions.

Define your qualifying criteria and stick with it. 

@Beth Matherne Some thoughts:1) How have you defined what your PM's duties are?

I suspect the capex/ongoing maintenance costs will hurt long-run and the condition of the property would be the defining factor.