Gift funds are documented and scrutinized.You can use a loan for the full amount of down payment and closing costs if it is secured by collateral. 

When syndicating a deal, you've now turned it in to security.

If they were SF properties, I'd probably place the tenant and use a service like secure pay one or something else that is not a full service management company but still a landlord helper.

I have seen that LVT or luxury vinyl planks are being heavily promoted over regular Floating/laminate flooring. 

I also want actual names on the agreement of ppl who will live there and will be responsible for the rental.I know they can tell me to kick rocks and not give me ish' but they seem really motivated to sell so what else can I ask for to vet the current tenants, get more information on them or something to make this a little more secure for me?

This way, you can have a small equity security blanket if the market shifts, and/or sell the property for a nice gain if the market continues to appreciate. 

They will also need an executed lease - meaning a lease that is signed by all parties and the security deposit in your account. 

There is HOA of $640, but includes water, sewer, trash, gated, and 24 security who drives around on golf carts.This one I manage and do not have property manager.

Now...I'm talking with different securities attorneys to learn various aspects of operation my own fund.Being on this site and not putting in the footwork will get you nowhere.

@Julie Marquez yes it does come out of the security deposit.