Eric and Marshal -Phil is giving you very good advice here - please don't miss the point subtly dividing the participation of the managing member from the other members of the LLC that he recommends.  

The property card may give you a hint as to why the valuation is what it is.

I've been asking more questions about the properties, specifically about some discrepancies with the numbers, and the broker I've been using has been somewhat hinting at the fact that nitpicking every little detail is more in the due diligence phase than the initial intro phase.  

One thing though, you need to do an analysis on your returns of your real estate (hint: you should use software to do this) versus the expected returns on the TSP fund you invest in (for me I'm in C fund and will go to G-fund around S&P 2350 since the market looks toppy).A con is that you can only take out 50% or 50k, whatever is the lesser amount.

(Or for those that cant take a hint) "stop calling and trying to work me into your terms because I want xxx,xxx in cash or else get the %@$# off my phone!"

Now I have other clients that treat me a lot better, and hinted to him in our last conversation that I was through........ 

Day one cash flow is not the same as cash flow 10 years from now ... you need to make sure it is increasing on an inflation adjusted basis and that goes to the quality and long term supply & demand fundamentals of the neighborhood (hint: quality neighborhoods don't cash flow as well day 1, but do better +10 years).

You don't like SFRs, that's fine, but just because you don't want or understand how to profit from them doesn't make the entire asset class invalid as you not so subtly to imply.

Hint: if tenant cuts water in half, pool equip stops running, $$$$ garden burns up, and water features stop working.

Hint at a potential Highest & Best.3) Call for a Best & Highest at the end of 5-7 days.4a) If you value a good nights sleep over incremental additional cash, take the best cash offer or...4b) If you sleep well regardless of stress and uncertainty, take the best offer likely to close regardless of contingencies and wait it out.You have a great problem!