@David M.The better managed funds will have audited financial statements and typically also submit semi annual or quarterly reports.Those that go regulation a+ also have to submit to the sec so their information is all public.Like anything, some private are better than public and vice versa, really comes down to the sponsor/CEO and the team in the majority of instances.

Don't ignore them, just play along with them for now to keep them from canceling your hardship request.

I heard the multifamily space is "Pay to Play".

Here’s what I might do based off your situation:Steps to Put Your Equity to Work: Evaluate Your Investment Goals: First, clarify your investment goals.

Based on the info you provided, the other 2/3 don't have the same mindset as you and you aren't going to agree on what to do or how to do it. 

If the property feels like an asset to you, you are making a good decision, hopefully based on the data, the house, the advice you've received, and your willingness to finally go up and get one.A lot of buyers want to win so much and they keep losing, but then when they win they start to panic.

This is because the transfer to the LLC is considered a change in ownership, which prompts a reassessment based on the fair market value at the time of the transfer.Admittedly, property tax implications are not my area of expertise, so I strongly recommend consulting with a local real estate attorney or tax advisor for precise guidance tailored to your situation.Additionally, if you need property management services for multifamily properties in Miami, Curbelo Capital Management specializes in this area and would be happy to assist you.Best regards,Diego Curbelo

@Lu Kang Thanks for sharing your opinion, which you go on to acknowledge is based on zero experience.

For instance, I have 3 personal cards with limits of ~$60K, ~$30K, and ~$30K.

It stung for sure, even after 4 years in real estate I still got played.