Borrowers overleveraging, deals falling apart, and platforms absorbing starting to selll off these losers. 

Just given the information that you provided, I would say buying a house where you can rent out rooms or a separate apartment is a great way to start.

.- Taxes: While the 10% penalty is waived, the withdrawn amount will still be subject to regular income taxes.This can be a useful way to access funds for a home purchase, but keep in mind the tax implications and the potential impact on your retirement savings.

Minimal apartment updates.

Might have indeed had $1.3 million and still working for the man, and a pot of $$ that I still couldn’t access without the gubmit telling me when, how, and how much. 

Avoiding accessive PM fees (personally I recommend most people self-manage)These will eat away at your ROI.

I would like to know if I could create cashflow from a studio apartment across from the beach.

For lenders, I have access to private money lenders or if you want to go the traditional route, I recommend checking out Coast to Coast - Jeff Weller. 

How did the unaccredited investor access the 506(b) syndication initially?

Areas like Logan Square, Lincoln Park, and Pilsen attract renters due to their trendy amenities and access to public transit.