I recommend and use contractors that have the accreditation as a Certified 203k Contractor.

I'm not accredited but am an LP in a couple other "regular" syndications.

My long term goal is to become a commercial real estate syndicator and put deals together for accredited investors.

Since OP is considering syndication, I assume OP is an accredited investor. if so passive loss from the direct rental ownership won't offset ordinary income unless OP or OP's spouse is a real estate professional.It seems like OP is ultimately asking which investment is better, direct ownership or syndication.

To the extent it matters for any advice you have to offer, we are also accredited investors. 

If you're an accredited investor, you can invest in every deal you can find! 

Syndications and Funds (we are accredited investors)2.

If that doesn’t work for you, or if not yet accredited, I’d consider a vacation rental you can supercharge with AirBnB or VRBO.  

Getting the contractor is easy thanks to the nationwide database of contractors who can earn an accreditation after completing a 203k education/vetting process.

If you're accredited and busy working professionals, perhaps you could look into syndications?