I were personally going to go to a syndicator a few years back and looked at the options and to be honest once waying it all up cost, communication and say in the horse I looked at it as alot of associated costs for a lessor return. I am not knocking them as they have a place in the industry.
What i did do was spoke to some trainers and discussed options I settled on Graham Richardson zero mark up on horses and zero syndication fees so what you get is training fee, Vet account , Pre training account and Transport account with no mark up .As for communication we get weekly updates with in more cases than not video of the horses and he is always able to talk and discuss about the horses .
Now that might not be everyones cup of tea but it works for me