This is now open to non-accredited investors (as well as accredited) for as little as $100. 

Basically, someone who already has the relationships with accredited investors and can assist in the raising of funds? 

Whether it's completing paperwork or obtaining third-party accredited verifications, attention to detail is paramount.Never assume that raising equity will be easy.

You do have to qualify and be accredited in most cases to join such clubs, but they do exist.

If you want to be “passive” and you’re not accredited or investing with the big boys, you’re looking for a world of hurt.

What I see is more non accredited or lower net worth who are burdened by debt will be drawn to these types of strategies.

Unfortunately it’s an SEC requirement to be accredited for an investment filed under Rule 506(c) — which this investment is.

Michael, that is not entirely correct.Some sponsors will set up a syndication investment/crowdfunded deal in a TIC or DST structure which can allow this.True, but it's done very rarely and for small groups, typically accredited investors.

I'd say the majority I've found are for accredited investors, though I know there are a few that are open to everyone.

The only drawback is that the fund  is only available to accredited investors.