Inventory is so low you want to leverage buyers anxiety.

(Part of this was timing since the existing lease was coming up on its expiration).2 - As others mentioned, make sure you understand the rules of the program and educate yourself ie. annual inspections are required, need to use the same lease terms as other properties, rent increases may need to be approved by the housing assistance administrator well in advance, etc.

Do I have any leverage?

For others, equity build up offers them leverage opportunities, etc. 

I'm thinking about a family syndication that would allow the parents (my parents and their siblings) help secure homes for their children (me and my siblings/cousins) while giving the parents an investment return.My thought is, someone like me or my cousins do not have the capital built up to get a loan from a bank that does not include PMI so offering the "syndicate LLC" a higher return on investment for a short period of time while allowing the child better leverage to grab a house with the cash that the syndicate provides. 

Use it as leverage.

They are all on the same plot of land.Thanks to ALL BP members for help in educating me in this space !!

You leverage the equity in your existing property as a down payment (or partial down payment) into your next asset.

I try to use the equity as leverage also for Heloc or other lines of credit.  

This seems like a great way to leverage your cash flows to get immediate equity out of a building.