Once you have a tax pro they can help you on more complex matters such as Cost segregation, material participation and effective tax strategies that can be used to reduce W-2 income.

Do you not participate in deals that will not double your money annually at a minimum?

Participate in online forums, go to local real estate meetups, and talk to seasoned investors.

Like any investment the more control you have on the investment the more you can participate in the outcome of the investment and ideally leverage your expertise in achieving good outcomes.

If you materially participated in the rental this could be another strategy to examine.

Manager, sweat equity => ownership shares; investors =>purchase ownership shares = 100% of shares, all of which participate equally in everything. 

You do not need to have REPS, as long as the average stay is less than 7 days, and you materially participate in the running of the rental.

Speaking with and networking with seasoned investors can yield insightful information, even if you are unable to actively participate in transactions.Seek for seasoned real estate investors for mentoring.

The actual "act of syndication" is as old as time, but as we know it, the term is becoming more curated towards GP LP capital raises for CRE assets in the public eye.Syndication simply refers to the process of pooling together resources or investments from multiple individuals, entities, or organizations to collectively finance and participate in a particular venture, project, or investment opportunity (not just real estate)...I mean... the term syndication actually came from media syndications in the early 19th century so this statement is quite vague albeit.

Thanks for the input from all the posters.Curious, to any of the people that participated, did you find success?