I came across a similar deal in my area, already set up triplex (separate suites, kitchens, the whole deal) with a huge monthly rental income when compared to the asking price.

I am familiar with a former longtime landlord of mine & my beau's who may have some notes to sell (so they can get out of the tenant/flipping/rehabbing headache, & possibly retire) , as well as  a partially vacated plaza near us who may need some seed capital to cleanup the property & fill their longtime empty suites back up. 

Property location is well suited for short term vacation rental.

It's what your comfortable with , in my case I'm a self learner or self taught , I just jump in the pool and swim and learn as I go , that's why I'm a great musician and in the entertainment biz  Many people are terrfied to do it this way but the benifets are that you can accomplish your goals extremly fast I just started in real estate in the summer and did'nt have a clue about the buisness and now 4 months later I'm about to close my first apartment deal with a partner in NYC.

While the chances of the SEC or a state securities agency getting involved are small, it is quite easy for an attorney in a civil suit to show a violation, and thus score a successful judgement against a syndicator.

Suit jackets are only made to hide sweat. 

@Nicholas ReyesGlad we could all help, solutions are out there, you need to find the one that best suits your needs.

If there is anybody you want to listen to it's Ned @Ned Carey as he lives, eats, swims, in Baltimore city water. 

Combination of both suits me well.

You intend to use some of the upfront savings to redo the kitchen in the in-law suite.