This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.

Stay in the same housing plan, school district, etc.Don't just look at sold comps, also look for active, contingent, and under contract listings.

Keep tracking equity contributions, as this will be crucial when transitioning property B into a rental or selling your share.

If you have to embellish your credentials to raise money and are actively being taught this is how to syndicate, this should be called out. 

While you can make a 50% down payment, it's crucial to have an emergency fund in place.

Avoid "passive" investments, focus on "active" investments to deter risk and really prioritize quality over quantity.How much funds do you have to get this started, you'll need 10x what you have to get remotely where you want to be.

"I was looking at get my property rented by the room to college students or Veterans" but I don't actively see this happening often.

When the syndication is sold in future years, are the gains, depreciation recapture, and distributions also taxed as active income?

I think the first question you need to answer is if you want to be an active investor or a passive investor. 

Bigger pockets has updated the site but left off a crucial piece.