If you do pull the trigger and buy something, it's likely going to get worse in the first 3-6 months after closing.

I have seen your posts on BP regarding Tulum for almost a year now and am curious if you pulled the trigger or if you are still analyzing Tulum. 

Option C (selling) simplifies finances and provides a large lump sum (~$270K), but triggers significant capital gains taxes, potentially increasing Social Security taxation and Medicare premiums.

What it will help you do is set a very high and above market GP compensation structure for deals by inflating the expenses to give the appearance of not being able to hit those numbers, only to close and reveal much better actual performance, triggering your promotes.

I spoke to a few Tardus clients before pulling the trigger.

At the end of the day you're only going to be as successful as that team allows you to be so I would definitely advise doing a deep dive and  visiting, if possible, who you'd be investing with and where before pulling the trigger. 

I have been looking at it, but have not pulled the trigger on the course.

But we just can’t pull the trigger on anything.

I was considering pulling the trigger myself to be honest. 

This could trigger the FHA 100 mile rule however with a few exemptions.Indeed, FHA allows you to put 3.5% down payment to invest in 1-4 units.