I assume a higher upfront cost as far as land purchase and the actual build but you would have a brand new house, instant equity and hopefully maintenance free for quite a while.

A “syndication” is almost always a capital raise for the sale of a security/investment.  

With some of my clients, I've seen discounts of 30% to 90%.Here is a real-life example: I invested in a $50K note; it was second TD but with significant equity (over $200K) protecting my investment.

The lower unit is a basement/guest suite.

Are you moving into the second one or want to make it a rental property? 

There are Class A industrial projects underway and the development of a large retailer.

I have a tenant in New Hampshire that I am in the process of evicting.

Tell them you are looking in 3-5 towns, with a certain type of home with a certain type of budget.

Yes a PO Box.

Within a year we had 3 or 4 originators, 2 or 3 processors, and a full-time admin assistant.