Be sure to diligently evaluate potential properties through inspections, condition assessments, financial reviews, and property tax assessments.

Just last week I saw a deal from a syndicator that was full of misrepresentations and financial manipulation.  

Dive into detailed market research, establish clear investment objectives, evaluate your financial readiness, analyze properties thoroughly, and perform due diligence before finalizing any transactions.

You're correct on your positives and negatives, but I would have some doubt on the DSCR disqualification - there are different loan products based on different asset types + markets.

There are many things you can do like file complaints with state financial commission, the SEC, FINRA and other agencies.

I’ve got a report on the comps, town info, financials, condition, etc. and spreadsheets with rents and scenarios. 

Investing in real estate is a multifaceted journey that demands learning, exploration, financial readiness, property evaluation, and risk control.

. * [6-24 months] Whenever I find a job and qualify for a FHA multifamily, get that property (with break-even cashflow most likely), and rent the condo at a cashflow loss for a couple years until rent increases (due to high-interest on underlying debt)* [Almost immediately afterwards] At this point, do a cash-out refinance on the condo to pay back the SBLOC (unsure if this is possible immediately after getting the multifamily loan), and secure a lower rate for the condo itself.I know this strategy sounds like loser, as it bleeds money all around, but my hypothesis is:* Underlying assets should grow more than 8.15% in a given year, and I would not pay short/long-term taxes on stock.

CA has brokerage exemptions, for real estate brokers, DF exempts attorneys from creating owner occupied residential loans when the loan is compliant and so long as they are providing an auxiliary service in connection with their practice, your attorney places your assets in a trust for estate planning and creates  note selling a home.

As a quick example, I grew up in a household of limited financial means.