Maintenance expense are often higher and take a much larger percent of your income than with a middle income home.

Of course we do have the larger capitol expense of the total rehab of each unit.

That likely costs the same for a small park as it does for a larger one.The biggest challenge you face is the size, it is small.  

Join a larger brokerage where there are also lots of new agents.  

You could stretch the numbers a bit in trying to get a couple of duplexes or putting the $200k down on a larger complex

Its an interesting trend the Rubs programs in multifamily is including more and more  Trash, Water, common area energy, vacancy recovery. 

@Corey BallantyneIf you are planning to pool money from different investors to purchase real-estate, then you could form a company with 3-4 shareowners and have the company purchase the property - if you are dealing with residential properties you all owners will likely be asked to guarantee the financing.If you are looking to collect monies from a larger group, then you are essentially creating a fund (like a REIT) and should consult with a securities attorney to help you understand the process and costs before you launch yourself down that road.   

I always thought of syndication as much larger transactions on big multifamilies.

It'll save you tons of time and energy.  

It is very common for commuters to travel up to an hr. or longer to work in larger cities.