Start with partnering with a more experienced sponsor.

There will be plenty of sponsors and investors who loose everything and maybe more than they invested. 

Unfortunately, that won't matter as  Fannie Mae and Freddie Mac, the Government-Sponsored Enterprises (GSE’s) that set the guidelines for conventional loans, which most lenders follow for other types of loans, too, require that a condo building’s master hurricane insurance policy provide 100% coverage of the replacement value for the building. 

Furnished Finder has a podcast they sponsor called the Landlord Diaries so you might check there as well.

The two downsides to syndications are the high minimum investment and the difficulty in finding good sponsors and deals, but you can solve for both by joining a passive real estate investment club.

Investors get mesmorized by the large returns.Some sponsors will deliver on their projections and other investments can go to $0

The other challenge raising money today is the number of inexperienced sponsors going under, which is causing people to be a lot more cautious.

I am reading online that I shouldn't hang my EXP license until I find a good sponsor.

These are all best execution for a well qualified sponsor.

Seems clear they are running a 'fund' model and they are not the lead sponsors/GPs.