They did you a favor.

In my case, it actually works in our favor, because nobody else can reach him too, so we are clear to have a shot at it.

There are too many factors that are not in your favor.

At the moment I think that buying all cash in and have capital gains in my favor could be the best step, thanks

Overall, if I had to pick which was tilted more in favor of the tenant, so would have to say MA.

If funds are going into passive deals, then you're probably looking at low/mid-single digits (unless borrower/deal is questionable) which isn't anything to get excited about.Have you considered partnering with somebody who operates and a more favorable market or looking at being a passive investor in syndications?

Carefully examine the experience and character of the sponsor and you'll tilt the risk curve in your favor.

. - is just a "bucket" that can filled be with assets that can grow at an accelerated rate due to favorable tax treatment. 

https://www.biggerpockets.com/member-blogs/9145/79026-why-i-favor-passive-vs-active-investingHere's a top 5 reasons I like to invest in large MF properties which cite scale and forced appreciation.https://www.biggerpockets.com/member-blogs/9145/53820-why-i-like-investing-in-large-apartmentsI also like large apartments since they scale better and can take advantage of forced appreciation. 

Matter of fact, if you're working in a Beach Resort area, appearing in fashionable beachwear instead of a Suit & Tie would be the appropriate uniform.