I work in DSTs, TICs, funds, etc, all structured as private placements for accredited investors.There is an entire industry in this space, and the players care very much whether their investors get good returns.  

Since then I've come up with this system to vet property managers:1.irem.org2.Search for CPMs (certified property manager - for multifamily more), or ARM (accredited residential manager).Deal Breakers: 1.Any clause giving the management company a commission at the sale of the property.2.You must have signing authority on the bank accounts for the property.

In general "cooling off periods" are things that need to be considered and you'll want to demonstrate procedures for ensuring that site visitors are accredited.  

I heard that term at a Guru seminar...is this for the rich and famous ($1,000,000 accredited investor) ???

Sometimes the lines between private lenders and secondary markets are more blurred than your opinion on the matter.The private loan fund that I work with raised using a rule 506 private placement and all of the funds come from self-directed IRA holders who are also accredited investors.

If you are or become an accredited investor, you can buy into institutional grade $50-125M projects with as little as $100,000 and diversify.

As I am not yet accredited, that rules out using my own funds to invest.

If the seller is an accredited investor per SEC standards he can look into utilizing a 1031 exchange to purchase interest in a DST.

For most offerings, the SEC requires the investor to be "accredited"...$1 million in net worth (excluding primary residence) or $200k annual income.Syndication investing (done properly) is not a completely passive strategy, particularly in the beginning. 

Sure.All I know is for $297, I met a lot of accredited investors that are going to help my team buy more deals.Even if you fell asleep while Brad was speaking, that event provided WAY MORE value than the cost to attend.