I have a 401k/457 sitting there as stagnant money in NYC.

The truth is if your investors have no involvement in the operations, If they just put in money and expect to get a profit, you have created a de facto syndication.2) I see a ton of people who just raise money for the syndication. 

It was an easy way to scale up with no money out of pocket.

When you start raising money, the kinds of investors you're going to get are individuals who want to make a better return than the stock market. 

Do not spend any more money on wholesale courses.

Good people gave me work, I learned more skill, more money, worked hard!

What you have is money.

I mean to me this is nothing money. 

Condo bylaws prevent airbnb usage, so not that.

This is advantageous bc later you have a third party loan (not your personal money) so seasoning period is 90 days to DSCR out.