Don't feel pressured to deploy it all in a year, and don't over-deploy into any single offering or sponsor.Maybe while you wait, spend some time getting intimately familiar with how syndication investments work by reading this: www.biggerpockets.com/syndicationbook

Some are recommending a 2.5-ton system, while others suggest a 3-ton unit.

2) Am I right in understanding that you can qualify a project by setting aside 20% of the units to be rented to people earning less than 50% of the AMI? 

I can recommend some good cost seg guys to help you maximize those deductions.Be sure to communicate this information to your accountant as well, so they can help you plan and be aware of the situation.

I am relatively new to this so I would love any advice, thank you!

Looking forward to connecting, learning, and sharing experiences with all of you!

Thank you for the advice.

thank you. :)

You already did the rental comps of the neighborhood using Zillow Redfin etc?. 

If you are a buy-and-hold investor, the strategy is to try to buy one or even two properties a year (or every other year or every few years) to give you enough depreciation to carry you over to the next property that's going to give you that depreciation wave to save you money the entire time.