My wife and I want a larger home for our family to expand.  

Found him through a Wheelbarrow profits multifamily podcast he was talking about all the things you are questioning.

If you live in a property you own for two out of the 5 years prior to sale you can take the first $250K ($500K if married) in profit tax free. 

I do get that under a syndication larger deals (i.e., number of units and high price listings) can be taken down but what I'm wondering is how profitable is this once everyone takes their share? 

Scott shall not be considered active under the following circumstances: unemployed while seeking gainful employment, on disability from full time employment, retired from government employment, or other circumstances out of control and atypical to choosing to pursue his housing business endeavors as his sole source of primary income. 1.Should Scott choose to “actively” engage in housing as his source of employment as defined above, Scott agrees to give 25% (twenty five percent) of his net profits accrued from his active efforts during the period of marriage to wife in the case of a divorce.2.Payment of such percentage of funds shall be payable over 120 equal monthly payments, or equivalent to no greater than 10% of Scott’s New York State Adjusted Gross Income, verified annually with payments adjusted the 1st of November each year, whichever is less, to ensure no undue hardship to Scott or the business will be endured.

Or should i just flip it for a potential $30,000 profit? 

Most brokerages actually lose money but use vertical integration with mortgage and title to make a profit.

@Kole KingslienGeneral rule:He should get reasonable w2 income as well as profit by way of dividends to minimize SE taxes.

I've been extremely intrigued by the large multifamily space after listening to @Jake Stenziano & @Gino Barbaro's Wheelbarrow Profits podcasts for the past couple months and reading on apartment syndication.

People are paying because there's enough profit to be made at the end of the funnel.