This does present a hurdle to RE investors when they are first starting out because most of these new RE investors  do not have much excess cash to cover a large capital expense (or even a moderate cap expense). 

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I have been presented with an opportunity to invest in 2 syndications: 1) a 500 unit Garden Style (advertised as Class B) apartment community located in the Peachtree Corners neighborhood (around Hwy 140 and 141) of Norcross Georgia and 2) a 200 unit (what looks to be Class C) apartment community at Hillandale Drive near I-10 in Lithonia, GA 30058.

Again, thanks for commenting and for making BP a better place with all the advice you share!

Keep in mind interest rates will continue to rise based on the Federal Reserves recent comments just something to keep in mind.  

Look through this before you do that, especially being in California-https://www.biggerpockets.com/renewsblog/2013/08/1...Read through the comments too for even more info.

I wanted to know the best way to present the deal to him?

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I’d appreciate any comments or corrections on my analysis.

Be sure to ask the new landlord for a clause in the lease that landlord will present utility bills when requesting your payment.