In my opinion, it depends on your definition of a "syndicator". 1) If you mean anyone who tries to create a syndication and calls themselves one...then I believe it's probably true (and actually higher/worse).

It depends on if the LLC is a single member LLC or a multi-member LLC.If it is a single-member LLC, it is considered a disregarded entity and reported directly on your individual return.If it is a multi-member LLC, by default, it is considered a partnership.If there is no income or expenses(rare to happen), then yes, no requirement atleast at the federal level. 

Speaking with Steve it sounded like if you discuss it with them they will still be open to it and can approve on a case by case basis, it just may not (as he put it) fit into their standard box - but they are willing to go outside the box depending on the track record, etc. 

This is going to be a DSCR loan since I don’t have 2 years worth of history, but I do have a high 700’s credit score with zero debt.

If you were staying local(ish), Self-Managing could be a great option, but it depends on your REAL job and mental capacity.

This would give me two to four "doors" depending on how many units the "house hack"  has available to rent.

Hence it seems rather quiet in this thread.As an ON investor for over a decade I can tell you that tenant nightmares could be real, and yet a lot depends on how you screen and treat those tenants.

Of course, if you do any renovations on the property to get it ready for rent, those renovations may need to be capitalized (added to your basis) or might be expensed, depending on what is done. 

Depends on the lender, not all require sourcing and/or seasoning of funds.

You can score unique, high-quality pieces at lower prices, but be prepared for limited sizes and colors.