I want my reputation to be the guy who gets deals done.

The last thing I want to do is refer someone who could potentially butt heads with them and therefore jeopardize my reputation...I've seen it happen.But to the original question, yes 80% is out there with portfolio loans.

The way I see it, I only got two choices either buy multi unit property through a reputable turnkey operator or participate in syndication.If you're in my situation, which direction would you recommend?

Make a good impression and think about making contacts and how to further them.Wholesalers have a dodgy reputation in some circles.

If the company has been in business a while and is reputable, wouldn't that be good enough?

Highly reputable and experienced mortgage professionals usually do the best job. 

 Hi Jonathan, well said, I am pleased that Lydia reached out and stopped me in my tracks from tarnishing my beginner reputation.

I'm currently looking into the city requirements for short term rentals, but I would like to stick with longer term tenants to minimize turnover.The one work around that I got from a reputable agent with one of the bigger companies, was to get a regular homeowners policy with higher limits and require renters to get a renters liability policy( which I already do) of at least $500k with me listed as additional insured AND the renter polices need to be with him. 

Those are both reputable companies. 

@Jerry Wolf I recommend you ask your agent for some recommendations of some reputable companies and then check them all out online, through the BBB and read reviews on Yelp or other review sites about them before you select one.