Pay close attention to the capital stack, how much debt there is, how much preferred equity there is, how much the GP is co-investing, how much they project rents to rise organically every year, what exit cap rate they're assuming, how much cash reserves the property/investment will have, how much does the deal returns change when you add 50-200 bps to the cap rate, what is your breakeven occupancy and exit cap rate, and a bunch more. 

With the deal structure this was you get:$ in stocks - providing--Div, Appreciation, Cap Gains leveraged to gain House with Equity capture, Cash flow (think house hack), principal pay down, appreciation, depreciation and write-offs and whatever the value of learning to earn is....  

As cap rates continue to decompress, rates stay high, and prices adjust downward, cash flow will come back. 

Save your money for the next cap-ex event, you'll need it! 

Which puts the value with a 8% cap at around $1,300,000.00.

Call me a skeptic but I find it hard to believe there are properties trading in 19147, 19148, 19123 or even 19134 at a 14% cap rate.

Interestingly, to me at least, the 4-week T-bills didn't fall much in the last week or so while longer-term bills did.Just hang your cash in a HYSA, rotate into buying BDCs before ex-div date, rotate back to HYSA and dropping into smashed mega-cap equities and quality cash-flowing small caps.

No, you generally can't get better cash out on SFH by increasing rents- you're confusing CAP rates with comps.

The distributions are exceeding what I expectedFinancials are as clean as can be4) Transparency, response time, investor experience have been fantastic For comparison, I'm an investor in other syndicates that have gone the whole year without distributions or on the brink of rate caps expiring, let alone communicating well.

I can tap money for random cap ex things from 0% interest for a year cc loans, 401k loans and lines of credits at two banks for up to 75k if needed.