Like @Charles LeMaireand @Justin Kane mentioned Joe Fairless and @Theo Hicks have a great book that goes over every step of the process on how to become an apartment syndicator.Are you looking for a more active or passive approach?

I even try to unsell them on the business by sharing my financial losses, litigation,  market shifts, permit purgatory, shady contractors,  clouded title issues,  paranormal activity, squatters, mold, etc.

And yes, they ARE actively policing it.

VA Loan – 0% Down (Veterans Only)If you're a veteran or active-duty military, you can buy a 1-4 unit property with 0% down.Must owner-occupy for a period before renting out.4.

*There was 10.1% more listing inventory in the metro and a whopping 30.5% more active listings on the market in the City of Austin.

That way you know they are active in the BP community!

Proper research, budgeting, and a well-thought-out strategy are key to minimizing risks and maximizing returns.In the end, BRRRR is an active investment strategy that, when executed correctly, can lead to long-term wealth creation, a steady stream of rental income, and a scalable real estate portfolio.

Unlike some buyers, I ALWAYS go look at the properties before the sale and discovered that the vacant lot had an active railroad track on it and therefore was unbuildable, and would remain unbuildable until the railroad removed their track. 

There is a storage deal that is actively being raised for over there that you can practice analysis on.

If you don't have an entity, this is a Schedule C activity.