I am open to a lender/partner that plays a more active role in the company with me, but a lot more discussions would have to be had about who would do what before any decision could be made in that regard. 

Let's discuss how to make the most of this tax benefit

I'd like to connect and we can discuss more.

After much discussions, it was decided that we join forces.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

This is my first rental and tenant and I'm meeting with them tomorrow to discuss.

lots of good threads at the syndicator and fundraiser review thread      would check out the https://www.biggerpockets.com/forums/-syndicator-and-fundrai...but try to find a syndicator with experience, >20yr so has been through down-cycles, and also one that puts a lot of their own equity into each project, so their interests are aligned with the limited partners , from my research, there are a lot of syndicators whose fee structure tends to incentivize too much risk taking.

Chris, good discussion. 

I have been told about 60% of the rent will go towards Taxes, vacancy, capx, property management fees, repairs & insurance, and I will be left with 40% to pay off the mortgage or keep as profit.

The acquisition fee would be 2% of $4M or $80,0000.