I'm a local HML myself now, but I encourage everyone to develop their own private money in their circles of influence and spend a little time each year putting on a class on how to do it. 

If you decide to spend ad money on Facebook, Google, etc, you can either do so yourself or buy ad credits straight through them. 

I was looking there to invest a year ago but was told by some realtors/investors that there is rent control capping the amount you’d be able to charge.

I've been spending some time looking at listings on Zillow and targeting rehab houses that have been on the market for awhile (>30-60 days), in neighborhoods that have a close proximity to sought after neighborhoods that will hopefully be rising in home value and with median home values that are at least 1.5-2x the asking price for the house in question.

I understand that syndication investments are low transaction volume investments and, therefore, less of a need for checkbook control.

So, your going to spend $800,000 in the sort term and pull $700,000 back leaving $100,000 tied up with a return of $1000 a month?

Hello- I have been spending a considerable amount of time calling multifamily owners in my farm area and keep running into the same problem.

Doesn't sound like your home office is your primary office, if you have an office at your W2 job where you spend 40+ hours a week.

If you do it now, you know for sure prior to purchasing.I don't know how much you are spending for the building, but how critical is $2,000 in a $1M building (Just a random number)?

Originally posted by @James Denon:I would like to offer him this: I will get a loan from a bank for 75% and for him to carry a note for 25%.So, I would be getting the property for zero downpayment.If I were the seller, I wouldn't be willing to spend time negotiating or talking about this until I had some written assurances from your lender that they are down for this.