Investor in StReitwise - crowdfunding commercial properties?

[Marcella Cheung]

Has anyone invested in StReitwise; and if so why did you invest and what has your experience been?  

This would be my first effort, as a non-accredited investor, dipping my toes into real estate in a low risk way.  I've summarized my understanding of their offering below. 

If the below doesn't sound right please comment. 

Thank you! 

[Marcella Cheung]

@LarryF - perhaps as my first post on biggerpockets (moderator needed to vet the post first), they wanted to limit the damage I can do!

@Ian Ippolito - Thanks - I just went back to your site, where the guides and background reading are the clearest I've found on the web, and immensely helpful.  

With $5K to start off on RE crowdfunding then, I'm thinking either Strategies A or B below.  Would appreciate your thoughts.

Strategy A: $5K in BREIT (diversified core+ equity). Questions- 

• Is the min BREIT investment $2.5K as in your BREIT review, or is it $25K per the private investor forum? 
• Can you explain what BREIT's "promote fee via up preferred return and waterfall" means? 

Strategy B: $5K in FundRise balanced/ advanced fund (includes equity + debt).  Fundrise seems to be the popular route - as you say, its slick and easy.  However, when you say

• Fundrise efunds are "hard to pin down on strategy".  Can you elucidate the biggest risks?  

As an aside, I know you mentioned Streitwise, but given they only have 1 property now I'm not sure it's worth it. Any thoughts welcome.

Marcella