Final assumptions:To keep things simple and given the Class and location of these properties, let's assume a 1% increase in rent per year, and a 1% appreciation.

That make 5 student housing and 5 multifamily properties that have similar distress like suspended distributions and a severe lack of communication from the Sponsor.

You are definitely going to want to get a lawyer and as soon as possible.This will sound harsh.In your story, you have made a number of very poor decisions about how you purchased and managed this property. 

Housing will not be your answer for cashflow and a retirement lifestyle.  5.  

For example, two of my goals are to achieve a certain percentage for my IRR (internal rate of return), and a certain % for my cash on cash return. 

I did get the property deeded back in my name and a Promissory Note created by attorney. 

I love how you’ve integrated the lessons from The Fountainhead and Frank Lloyd Wright into your personal and professional journey, especially as you pursue both beautiful design and a growing real estate portfolio.Your ambition to scale up to $20M and beyond is exciting, and I’m sure with your drive, experience, and passion for architecture, you’re on the right path.

Finding that there is a lot happening and a lot to know. 

I am not a PL user but I do have pricing software and a revenue manager. 

You'll save thousands (maybe tens of thousands) and a lot of stress if you educate yourself in advance.