It certainly sounds like you are taking the necessary steps to mitigate your losses. 

Your loss is limited to the amount you invested.You can sell shares of publicly traded reits on the stock market during trading hours.

@Greg SeivertMost lenders that work with real estate investors understand that you may show a paper loss and they won't hold it against you.

.: Quote from @Chris Seveney: @Dana YobstBlows my mind how he is out there still teaching classes and going on as nothing happened but it sounds like these debts are not getting substantially paid down.As many of us know, one of the main reasons he's able to continue on is with the help of this other self proclaimed criminal https://weclosenotes.com/ep-nc-03-protecting-yourself-using-a-corporate-veil-with-aaron-young-from-laughlin-associates/ Using a remote entity to limit liability is a life blood of insuring investment into all types of job creating, life saving and life improving business development.  

I would also recommend joining a Community of other limited partner investors.  

While it uses partner banks to provide banking services, your FDIC-insurance protection may be limited.

As an aside, I'm voting no on Proposition 33 which is on the CA November ballot - they are trying to limit rent increases between tenants.

Quote from @Chris Seveney: @James WiseI wonder if there is a statute of limitations component to this Dunno, but it looks like they are looking for 4-5 years in prison for Whalen.

@Mary Jay why did you report it if there was no loss coming out of your pocket. 

You really want unbiased investor advice so I would focus more on the responses that are from investors (or anyone) living in one area in their bio, but telling you about another area that the invest in where they have no vested interest.It's not to say that all agents are spamming, most is pretty reliable advice on their area, but it's still to be considered with a grain of salt.You are giving everyone too wide a scope to help you - anywhere in the US, and then limited to the Midwest (huge), and others.