Simply because rates are higher, homes are not selling, and deals do not work.

What I've seen recently is that passive investors sell their interests in the LP to new money that wants to invest. 

you can do all of this on market and sell "as-is", minus the agents commission, sharing closing etc.

They needed to sell after just 6 months of owning.

For example, I told a landlord I could sell his property for $450,000.

The struggle comes when you plan to sell, pay close attention to how the bank would treat the loan in the event you would sell.Even though its a bit more work, banks are typically open to these loans as it provides them with additional collateral in the event of default.  

It sounds like Aloha Capital is selling “shares” which are not secured by real estate and would be considered “unsecured loans.”

I promise you will have options once you finish renovating.If you purchased correctly (location & purchase price), you will have enough equity so that you can either sell it for tax free capital gains, cash out refinance (if mortgage rates are lower), or pull a HELOC to acquire your next property!

I specialize in helping out-of-state investors buy and sell here for +9 years.

Purchase properties at a discount that need renovation work to then sell at a higher price profiting at least 15%+ cash on cash returns of all in costs each deal.What is the outcome?