The basics are I would rent a number of units from the syndication LLC, would be responsible for management and expenses (ie utilities), and then I would keep a portion of the profit (basically my upside for managing the mid term rental units) and the other portion of the profit would go to the syndication LLC which now gets over market rent.

Hardwoods can be sanded down and sealed with commercial products that will kill the smell.

The definition of a broker can be found in Wis.

I plan to live in one of them thought it might be a good idea to use demountable walls instead of drywall to create extra bedrooms to rent out.

And in doing so I realized that it’s going to be $2k more per year to insure it for replacement value of $145k vs before it was mostly just liability insurance plus a cap of $15k replacement payout. 

What should be right way to find these investor buyers in the market?

If not, just be sure you are not running your numbers with market rent. 

I am looking to invest somewhere as well trying to weigh out my options as far as location.

This agreement is a perpetual guarantee for 2 years from the date of execution and is to be applied to any and all transactions presented by _______". 

I consider myself well-versed in real estate knowledge and business jargon, but syndications really have their own set of lingo - starting with the word "syndication" itself!