I do think all of these companies could be the future of the REI industry and can be niche for people who have the capital as accredited investors, and your talking to the man who bangs the drum for diversification in a real estate portfolio harder and longer than anyone else.

On the other hand, I feel that some of their other funds (for example the ones involving ground up construction) are too speculative for a conservative non-accredited investor doesn't have a lot of extra cash to speculate with.

Regulation D allows for general solicitation of our investment/security which in the U.S. means we can advertise the investment anywhere anyhow but are limited to taking investment from Accredited Investors only.

(to name a few):- RealBlocks (https://www.realblocks.com/), only for accredited investors, allows for secondary liquidity from P2P token exchanges for fractions of individual CRE properties- BuildingBits (https://buildingbits.com/), for both non-accredited and accredited investors, $100 minimum investing in individual CRE properties- Jointer (https://www.jointer.io/), for both accredited and non-accredited investors, allows you to tokenize your property by creating a land-trust and allowing Jointer to purchase equity in your property in exchange for cash (financed by token holders/investors who are debt financing at an interest rate equal to a CRE index), while you continue to manage your property and split cash-flow and appreciation profits with Jointer.

Hi Chihero,Don't forget the SEC requires the PPM to have a "Prior Performance in Raising Funds Table" and an "Operating Results of Prior Programs" table that all investors must be given.Also the SEC assumes Accredited Investors can handle losses if they occur and Sophisticated Investors can asses the risk for themselves.These opportunities are not open to the "General Public" for those reasons.

A potential LP who doesn’t know me might think this structure is weird and not protective of their interest in the deal.well your dealing with or should be dealing with sophisticated and accredited investors.. this is not weird its the way LLC's work you can have uneven distributions as they relate to ownership.. at least that's what I have done for 30 some years..

(If it's Self Storage - PM me or check out some of my other posts on Bigger Pockets for some more insight.)Think of the latter (passive investing) as being a private lender, Equity Investor, accredited investor or something of the sorts that gives you opportunity into a multitude of investment opportunities. 

Must be accredited to play.Pantheon Investments may also be of help getting into the syndicated MF space in Texas.

Does Federal or State regulation require a Naturopath to have certification at all, does it require a degree at all from an accredited university?

I'm also not an accredited investor so syndication involvement would be limited so becoming accredited is something I'll be working toward.