A participation in a Mf syndicate. 

I know that's not the news you want to hear but perhaps hearing your story will lead to other helpful advice from forum participants.  

Engaging with seasoned investors and participating in discussions will expand your knowledge quickly.

No one capable is "waiting on the sidelines", they just cannot afford to participate.

Those agents have their ego at the expense of the relationship, and there are such agents actively participating in this thread.

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You anticipate that the winners provide much more profit than the losers, and you end up with a portfolio that produces a double digit return + a “salary” for your active participation over time. 

A Solo 401(k) may be advantageous for self-employed individuals, offering the potential for participant loans, higher contributions, and no custodian fees, as well as higher contribution limits and the option for tax-deferred or Roth contributions.This post does not create a CPA-Client relationship.

Several participants made the point in response that the county for a very long time has stood in the way of affordable housing being constructed, first and foremost by zoning, and that an STR ban isn't going to solve the problem.

Many other projects have reduced or suspended planned CF distributions and I've also had a few capital calls in which I did participate since the business case still made sense (the MF in Florida had a capital call to finish construction and get through stabilization and it still returned the 32% IRR).I expect almost all of the deals to be OK, just later exits than originally projected.I am very concerned about one project and have already written it off in my head.