Account Closed, I have not tried BB&T, but I will reach out to them as well.

I think @Brian G. and @Jaycee Greene hit it on the head: an event occurring/debt resetting.When the debt forcefully resets on some of these assets, valuations drop if the submarket cap rate has expanded and/or if the operator can not show a good t-3, t-6 etc due to economic vacancy and rising opex (insurance, r&m etc).If the operator can't inject equity to cover the difference, then trouble arises.

It wasn’t an especially quick or glamorous way to build wealth but kept me from losing my shirt or my mind and contributed to a comfortable lifestyle over the years. 

Quote from @Brent T Galbreath: What did you write off? 

Any idea where the information was coming from? 

Quote from @William Fuller: When deciding to potentially acquire a piece of land that a wholesaler has under contract, what information do you need about the land or parcel?

But if you want to understand the concept of "non-qualified use" in the context of Section 121 exclusion, there's a mountain of information online, including this Bigger Pockets forum.

The information being spread by a propaganda machine, are in fact wrong.

The "SELL NOW" price includes a 25% reduction from appraised value that applies to minority buyouts. 4% is a rough number for T-bills.

can any fund 1 investors with sunrise share the distribution and fund performance information to date?