You get exposure to the offering materials, a phone call with the sponsorship group, and regular reporting but no training. 

Evan it's about what you want to accomplish and how much you have to invest.I am doing some sponsor ships now I am setting up with investors but I focus on retail these days as multifamily frothy right now and overvalued in a lot of markets.I like safer margins with more room to move with future market shifts.If people want to 1031 into passive opportunities you run into TIC and DST models for the sponsor which are more complex and take more expense to put together for a syndicator.This is why lot's of syndicators either sell smaller shares at 25k a share from a bunch of investors or they simply have larger investors with cash out in bigger money of 300,500k,1 million that is not 1031 money and is sitting around liquid.

I'd guess the only way anyone would trust a title blockchain is that if it had government oversight/sponsorship, I guess by county recorders.

The sponsorship issue for one (which I totally missed on my first reading).  

This is always true but more so if you're considering a heavy value-add: make sure the sponsorship group has demonstrated success delivering on this type of project. 

You can find out by identifying these firms, schedule calls and getting to know the sponsorship teams and then moving asking the questions to understand what types of investors they are seeking.

Well, if the only way you can obtain a license is by securing sponsorship from a broker then I understand they'd want something out of it too.

I thought they preferred investors to bank sponsorship because they could act more quickly.

Are you a Tesla sales rep and this whole thing was a promotional gimmick or you do not have any sponsorship with Tesla?  

Some brokers offer a flat fee sponsorship...a few hundred dollars up front and a few hundred dollars per transaction.