I hope everyone scammed here is able to recover at least some money; however the subject “guru” appears to be quite adept at dodging responsibility and consequences.  

If we sell our crypto holdings to invest in real estate, we will be subject to significant Capital Gains Tax.

These require a minimum of $300-$335k cash to cover the downpayment, closing costs, and having a healthy budget for professional design/amenities.Tier 2 range in price but most fall between $530k-$650k.  

I recognize that this a very subjective statement. 

Long-term investment should cover income shortfalls and consider alternative markets outside San Francisco or affordable markets like Texas, Ohio, or Arizona.

Subject asset is a 64,000 SF Class A Mixed-Use building comprised of 25,000 SF of commercial across 10 units, 39,000 SF residential across 32 2BD/2BA duplex apartments, and 165 parking spaces.

.: I'm curious how CA agents can make a living with laws like AB2992 that state:"If the out-of-pocket costs to pay their agent remain too great and the seller and buyer have not yet reached an agreement on the sales price and/or terms, the buyer may walk away from the subject property provided there is an exit clause, proceed without representation, or approach the seller's agent about possible dual agency representation." 

My wife and I would remain renting in our current apartment and we could easily afford to cover the mortgage indefinitely if/when it would be vacant. 

At that time the lender gave you a fixed loan for a certain period of time with so much down and a certain amortization schedule.The debt service coverage ratio example.At DSCR of 1.25 means for every dollar of mortgage payment the NOI can cover 125%Your current lender back in the day might have done say for example a 1.10 DSCR ratio because absolute NNN and investment grade so perceived risk to them was low.

If something pops up in the first two weeks, then I will cover it just in case we made a mistake and as an offer of good will.The stray cats are not your fault or responsibility.