Since I was new to the game, the Mentorship was a stepping stone to access to people with millions of dollars and I was able and still am able to meet with them and present my deals to them weekly.

What does he consider a substantial down payment and does he know that he has to pay capital gains on that down payment instead of just on the payments?

Accessible through a link in his Linked in profile is the Emergency Business Relief( Link ), which claims to have recovered “over $300 million for clients,” through various Covid-19 and other government programs.

Many investors - including Dave Ramsey - attempt to gain wealth quickly through risky leverage, and they fall flat on their face.

When you are new as an investor, you also don't want to work with a new agent (you).Overall, I think a RE license is good for access (to homes to get reps and to the MLS) and I think the course itself is way more valuable for investors than agents (most just stay in residential and don't need to use all the weird stuff you learn).

You get the best of everything- cheap, tax free access to your equity, you get to keep your interest rate and you get the cash flow. 

Therefore many people what they do to get around this is partner up with an experience investor to help them get better terms on the hard money and that also helps you gain experience that you can use for when you go solo.

Even then, if you've built up enough carry-forward losses, a nice capital gain may not trigger any taxes to be paid. 

There are three items required to make a successful partnership - Time, Experience, Capital.If you are a syndicator, you are likely expected to have time and experience.There is a lot that goes into being a competent syndicator - Proper communications, finding a good deal, communicating quarterly updates, networking with lenders, contractors, PM companies.You can gain experience by doing your own deals or working for someone who does(Ideally both).I personally think you should cement your experience before worrying about OPM.Best of luck

From this CT information, it looks like it is an offset against your capital gains from other property, so you would have to find investors with significant capital gains and/or have them yourself.