I’ve been curious since first seeing this advertised on social media.Usury laws don't apply to EMD lending since it is a fee not an interest rate return. 

Prior to speaking with an attorney you need to learn how the syndication model works.Underwriting, LP/GP structure, fees, etc.A great book is Best Ever Apartment Syndication - textbook for this business.Happy to provide more insight on the process, if you want to send me a DM.

I moved properties into an llc in palm beach county and there wasn't a fee.

I heard about CallRail but has limited minutes I believe.

However, she’s late on her second month’s rent and gave me a heads up that she’d be a bit late and will accept any fees on the 1st day of the month.

@Ken ChudWe do 20 Flips/BRRRRs per year in Jacksonville FL and we use a hybrid approach.

However, I didn't have much time, only about a day per city. 

Assuming your current property doesn’t go up 2% per year OR you can’t raise rents 1%. 

@Larry Burklow it probably varies per credit card company

On your first scenario at $145k value @ 75% LTV, you've got $32k to play with BEFORE fees.