The goal is to syndicate a 30+ unit deal with private money, approximately about 1m for the down.

I have a family friend that bought his house cash.  Unfortunately he may not have paid tax for almost 5 of 8 years living there (my estimate) a collection company is in the process of foreclosing on him.  I was wonder...

Anyone you approach for funds is going to want to know you have really thought this through.I don't personally deal with hard money, I do all our deals through private or commercial funding, so if you have questions on either of those I'm happy to help!

I have about 300k in cash sitting around that I was planning to use for my down payment and I was thinking of using those funds to provide private money to flippers.   

Another thought, if you can fund it alongside the bathroom reno, might be a dormer in that section of the roof - not sure what roof style is from this photo, or what is just outside that window that might make that unappealing, but a dormer would really open up the room even if you don't make it any wider, and would give you more full-height square footage to work with.

It goes with the theme that’s in style now “rustic”

Or buy rental properties for cash flow and build as much as you can and keep growing even if you achieved a comfortable life style?

I have a private "lender" who in the past has floated me the money until I get my check but since moving out of state, this becomes more difficult as we need to do wire transfers etc...My question.

They are a private money lender that i'm considering moving forward with and has very flexible terms.

How is his private money eventually used to buy the house?