Syndicates work well if they are run correctly and every member understands the rules from the word go. You must have a written agreement which every member must sign and have a copy. Decide whether to have it available for the local flying school or not, how much each member must contribute and formulate a method to share the access to the plane, who washes it and who supervises 100 hourly's etc. I have seen some disasters with syndicates when there is no formal agreement, one member was not even competent to fly the plane! Well organised, you will have few problems. Regards, Bob