It is disheartening to witness a mentorship program that boasts substantial financial success, with students allegedly earning substantial monthly incomes, yet fails to ensure that their own employees receive even the minimum wage they are entitled to.

I would encourage you to do a deeper dig on the financials and take your own skill inventory in making this important wealth impacting decision.  

I guess you could offer up your property OOS, not sure how an affected victim would get there, if they have financial means, they could fly there or drive there, if they still have their cars. 

With the future being so uncertain I realized there was a need to do more than just rely on my job for financial security. 

We’re trying to invest with a long term mindset with as little debt as possible.

They didn't like it at first, but they learned the hard (financial way) to conserve heat since they were now paying for it.Have you considered switching all of the units to electric baseboards?

Technically as the manager of the LLC you can open an accout with any financial institution though they don’t all cooperate when it’s an IRA owned LLC. 

To defer all of your gain, you'll want to trade up in value, replace all the debt (meaning new properties have at least $350,700 of debt), and not take any cash from the exchange (this is boot which = taxable gain).As for replacement property, it just has to be real property - meaning it can be commercial, STR, land, etc!

That's before you pay any debt service.To answer your question: No, it's generally not a good idea to lose a bunch of money every month.

I think it would be financial suicide to give up a 500k a year job that you know how to do and is secure to launch into thinking your going to replace it with rental income.. unless your sitting on 5 mil plus in  cash with no debt.