This may be to deliberately prevent discovery of other electrical issues or prevent fire/injury.You will need some form of hard money or construction financing to purchase the property as is, and you will need to get the property occupant-ready to pass an appraisal before permanent financing is on the table.

If were talking about a group of investors they need to bring value to the table. 

If you are getting what you are looking for then I wouldn't be worried about leaving bookings on the table, if you aren't, you may have to tweak your rates (or other things about your listing).  

Now, if they are following SEC regulations, these should be spelled out in the PPM, but they might not all be in some glowing, highlighter-green table.  

If you engage with them and seriously contemplate what they bring to the table, you will make a better decision in the end.And no one has tried to sell you a thing, just a bunch of real estate multimillionaires trying to help you, for free.

Therefore, bringing as little to the table as possible at closing in both the downpayment + closing costs should hopefully still make your numbers work.

Ditch the red rug, increase art and add dresser, bedside tables to bedrooms.

I really scaled up my number of doors the last couple of years and didn't bring any new processes to the table and it feels like a mess.

The fact that you profited from the arrangement over the 3 year option period ameliorates the "loss" you experienced on sale but I think you would agree with me that every dollar left on the table is better characterized as a loss than as a win.  

The way we process distributions is once they submit a request, they must fill out a redemption form from our transfer agent (who holds the shares/ manages cap table).