Not all banks are participating in the program and have overlays to minimize risk not to only have 5% equity in a loan 

Understand their fees, bid process, termination requirements, markups for work done, how they confirm fair bidding (especially if they have on-staff handyman).I would talk to the actual tenant in place to understand what their experience is with both property and management team.I would drive the area to understand how your property compares to others on the street/in the neighborhood.I would talk to other management companies and realtors to understand their understanding of the market, rent levels, etc.Basically, full due diligence and underwriting of the property.

The actual "act of syndication" is as old as time, but as we know it, the term is becoming more curated towards GP LP capital raises for CRE assets in the public eye.Syndication simply refers to the process of pooling together resources or investments from multiple individuals, entities, or organizations to collectively finance and participate in a particular venture, project, or investment opportunity (not just real estate)...I mean... the term syndication actually came from media syndications in the early 19th century so this statement is quite vague albeit.

It sounds like it should be a simple process since there was no income.

You could also use the current home to pull out a HELOC for the DP of the next FHA home.Make sure you are talking to an experienced Banker or Loan officer who has handled multiple "Gift of Equity" type transactions to avoid drawn out process or issues in underwriting. 

So we created the WealthAbility process.

So why waste time & money on Oakland 4plex when that student bought over 100 homes last yr with the same simple process!

I am finishing a property and would like to rent it out and refinance and repeat the process.

On your current properties, though, this raises the danger and leverage.Partner with Additional Investors.Speak with a Mortgage Broker or Financial Advisor: A specialist can guide you through the mortgage application process and provide tailored advice.

Look for properties that need minimal rehab or could be flipped with cosmetic improvements.