For distribution connected projects, the property needs to have close proximity (ideally adjacent) to a utility substation. 

Full return of capital & accrued upside to pref equity before common equity gets distributions from capital events, including return of capital2.

They stopped distribution to keep the paycheck lol

In the worst-case scenario, your entire IRA can be considered distributed. 

In every case that we have been involved in; the Tax Claim Bureau does a title/lien search to determine the distribution of excess funds.

For the sake of providing a counter-argument:The real estate market has overperformed since 2010, the Fed also started QE during Covid, so saying that you have made more in equity shouldn't be much of a surprise, considering this is one of the fastest run-ups in history.When you say "Cash-flow" investors, you are really saying investors who want "20-30%" of their total cashflow distribution to be during the hold-period, rather than at the end. 

Understand where distributions are coming from.  

We were featured in a couple of real estate magazines that were widely distributed among real estate meet-ups, and pretty soon, the word began to stick.  

You can invest passively in deals and the most work you have to do is running your distribution checks to the bank and giving a K-1 or 1099-INT to your accountant each year.Hope this helps. 

Sharing my experiences not only inspires but also confirms beyond a doubt that I am the real thing, the financial guru.The best social media post is when we distribute cheques to our investors.