If you meet the terms and its a last resort, it still can be a way to finance your investment, however make sure exhaust your options.

I can handle the large negative cash flow but it is difficult for me mentally (I have never purchases a negative cash flow property and this property has produced crazy good cash flow over the years). 

Your budget has about $500/turn/unit, which exhausts your annual repair budget, so anything else going wrong will be in addition to that.

Many current 506(c) syndicators have simply exhausted their current database of unaccredited investors in their previous deals and now have to do 506(c) offerings in order to advertise and fill their current deals.

@Kelly Olson well we spent a lot of time and mental energy picking what we felt were the highest reward lowest risk combinations we could find.

Some imagines you won't unsee, some things you will always remember the smell, it's hard --mentally, emotionally, and financially. 

Provide value and have a mentality of wanting to help others and people will naturally flock to you and want to help you succeed.You can do it!

This is not making us stop though, and getting bit by bit to where we want to be.However, the upside of this is that there are way more opportunities in Spain as in the US because here there is no overall investing mentality or the widely accepted possibilities.

But now that this has been confirmed I have to disclose.I hired a local radon mitigation company to install a passive exhaust system.  

Make sure you have a badass bathroom exhaust because that room will get hot and humidI typically do away with gas in favor of electric - gas seems to be getting phased out some places so I'd like to stay ahead of that curve.