Since you have no experience- network and find the most active fix and flip investors in Charlotte, Raleigh or Greensboro. 

If so, flipping or active investing would be ideal.

ANYTHING SIGNED on a moment of high stress will be thrown out in court...

1.Activities That CountTo meet the material participation criteria, you must log your hours in a detailed and ongoing logbook throughout the year.

I’ve heard about home equity loans and HELOCs, but I want to keep my money in the stock market to maintain some diversification.My question is: would it be wise to take out a home equity loan for the full $200k to keep my stock investments active?

You get to make offers on your own and potentially save on buyer's commission.I wouldn't recommend if you already have an active income that is serving you well because it would be better to invest time in that endeavor if that's the case.

I am long but I also do fix and flips actively and consistently.

This really means, what tax return reports the activity of the property.

When the syndication is sold in future years, are the gains, depreciation recapture, and distributions also taxed as active income?

Stay active on the forums.