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. 

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.

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.

But we have a smaller one (1100 sq ft) in a lesser subdivision and not gatlinburg  that is getting tons of activity since we put it up for sale and it isn't complete. 

I am actively working on a buyer and a personal money lender list. 

This one will be interesting, in mountain view and it is very active. https://www.meetup.com/San-Jose-Real-Estate-Networking-Club/...

We have worked with Investors and they are never really married to their Realtors unless you happen to connect with somebody looking to do a long-term hold and actively trying to find a good realistic deal. 

Right now treating it as interest but would like to make it active income to do a solo 401k .

Uses the syndication depreciation losses to help offset active incomeI did read your post mentioned above @Michael Plaks which is very informative.

Problem is only "RE pros" get to do it.There are 3 income classifications in the US - Active, Portfolio, and PassiveActive income is income derived from your job, or normal trade or business.Portfolio income is derived from bank instruments - stocks, bonds, etc.Passive income is income earned from investments.Active losses can wipe out both passive and portfolio income, but it doesn't work the other way around.Portfolio (capital) losses are limited to $3,000 annually.Passive losses can only be offset by passive gains.Real estate rental income by its nature is deemed passive per IRC Sec 469One way to get around it is to become a pro - spend more than 750 hours or 1/2 your time in real estate.But most folks aren't real estate pros.