However, accredited investors that would like to sell and do a 1031 Exchange but don't want to physically manage the whole or part of a property any longer can take the proceeds and move it into a 'like-for-like' strategy called a DST (Delaware Statutory Trust). 

If after all that and markets are in Good mode the accredited investors  gets what left. 

Some funds require you to be an SEC accredited investor - meaning you must have either $1 million in net worth (outside of your primary residence), or $200k in income a year (or $300k jointly).

Guess what I object to is the cost, paying more than what a good education would be that is accredited, taught by professionals, not some x-car salesman who hasn't a clue about RE except for folklore. 

They have received 41 BBB complaints from 10/12-10/19 and wouldn't respond to the BBB and have had their accreditation pulled there.  

A very poor version of a syndicated investment meant for people who are not accredited and don't know any better.

If you want him to be active, he will have to forego passive tax treatment, but you won't have a securities issue on your hands.If he is going to be a truly passive investor, then you need to make sure he is accredited, and consult with a real securities lawyer about structuring the deal properly, providing the right disclosures, and all the other things you need to do to be compliant and keep the SEC off your back.  

Hello,Thank you for taking time to answer my questions.My yearly income is between $150K-$200K, which means I'm a non-accredited investor.

Does anyone here know any website for crowdfunding which is not target Accredited Investor?

.#11- Check to see if your Private Money Lender or group of individuals are actually Accredited Investors per the federal government criteria.