However, it’s a gamble.

Tenants are a gamble and so is court but you have a 5 year tenant that paid during covid when courts were closed so I’d give that some credit.  

You have got to be net negative overall on your real estate syndication investments --- are you continuing to gamble with your money in this market?

Those who buy subsidized properties are gambling their financial independence upon the good will of the taxpayer who has just about reached the limits of his willingness to support these social programs.

:eyeroll: Please come back and let us know how your gambling with an investment tout turns out.

Additionally, if you got a loan on top of your cash advance (say, you only had enough cash for a down payment) then I imagine you're also paying loan fees twice.This may all be fine and dandy if the numbers work, but is this a viable plan or a total gamble?

It's a very popular area for weddings, with Bainbridge Island close by, Kiana Lodge (Poulsbo) and Port Gamble.

Save the Guru fees, Mentor fees, and invest, instead of gambling with someone else's credit and life. 

Without payoff and lien info, this is a complete gamble for you, IMO.

At the moment it looks more like gambling.