I don't have affiliations with the resources below but they were helpful. Click any of the text in blue.
A guide to investing in Syndications
The title says "complete", I'd probably consider it a "complete primer" as just understanding an asset class could take months alone but Jeff does a good job of giving an overview. There are plenty of others that give a similar overview like this or this or this, after a few of these they start repeating themselves. I link to Jeff's because his channel offers numerous rabbit hole videos to start down. I wrote Jeff at one point because he references some famous "gurus" in his videos that I personally think aren't reputable. He was very considerate in his response and correctly pointed out that those references are specific to sound concepts and advice and he is able to make the distinction between the message and the messenger.
Waterfalls Explained
How do you get paid? This is key to each deal. I would suggest the fund manager or operator are more important but its still important to understand how you will get your return from the deal and understanding the basic concepts is valuable. And here is another one.
One Operator talks about their Thesis
This is not an offering specific video, its just a video showing an individual fund founder discussing the ins and outs of their storage thesis. Most of the larger operators don't have public education videos like this and the videos they do have are typically recordings of webinars which are often private and for closed investment audiences around a particular offering so I can't share them. What is important about this video, especially for folks unfamiliar with real estate, is seeing how versed a fund needs to be on the asset class they are dealing in.
Investor designations. Who get's access to these investments?
Ignore the clickbaity title about the 1%, this is pretty well laid out and addresses how and why of the separate tier's of private market investment and solicitations. It explains why you never hear of these investments and why you can't find them yourself on line- IT IS ILLEGAL TO MARKET THESE INVESTMENTS TO THE GENERAL PUBLIC. Illegal. Which creates what appears to be an underground or hidden tier of investments.
A breakdown of cost segregation to accelerate depreciation.
Many funds use this strategy which passes the tax sheltering on to you, the investor. There are some nuances- these practices are planned to be phased out and won't shield active income but any cash flow from passive income sources can be shielded etc. but this is a key strategy for real estate funds to drastically reduce the taxable income from their proceeds. I CANT STAND that the youtube personas in this industry feel like they have to make these wild statements. This guy starts his video with this "if you are a real estate investor of any type and you are paying taxes its because you CHOOSE to do so!" ughghgh, I just ignore this stuff at this point because without context this comment is just inflammatory and meaningless at best, nonetheless the rest of the video is actually pretty good and adds that color.
Alternative to 1031 exchange
This only applies If you are selling a property and want a way to defer taxes, similar to 1031 exchange but without the restrictions of a 1031. This special type of trust, a "Deferred Sales Trust" or an "Installment Sale Trust" may be helpful. I don't have any ties to Reefpoint, I have no idea who they are but they have the best and most complete explanation of this trust I have been able to find.
What is a Deferred Sales Trust: https://reefpointusa.com/why-the-irs-allows-deferred-sales-trusts-and-how-you-can-benefit/
If you decide to pursue the aforementioned trust, I suggest working with a subject matter expert. I did and it was invaluable, The folks at the link below have experience and were great to work with. There are others must likely but I am unable to vouch for them.
DST Subject matter experts: https://bluehatwealth.com/
Investor Group
I joined a number of groups, clubs, circles etc until I found 506 Investor group. I still go to meet ups and attend seminars and educate myself but now most of it comes as a result of the group itself because the quality is so much higher than what I was able to find on my own.
One thing that threw me off about the web presence is the seemingly low effort that went into the site, its graphics are crude, the photos are stock etc. Ignore it, the energy went into the right places once you get access to the forums you will find an immense amount of depth, passion, knowledge and insight that outshines the crude splash page. I have found similar observations with operators websites and investor brochures like this. What gives? Why wouldn't these folks who partner with you and your investments want the most professional of websites and collateral? Maybe it is because they can't use their websites as marketing pages, its illegal (explanation above in the "investor designation" section). Or maybe I should ask myself. I have built dozens of web pages but for this site I chose a bare bones Google Pages template. Maybe this is one of those cases where function is everything and form is a mere distraction.