advice would be appreciated

Was that person me or another person as that sounds like something I have been telling people? 

Readers should seek professional advice.

I have already met with and spoken with a couple through my current work (both active and recently "retired") that didn't seem all that eager to get into the topic, or interested even offering advice beyond "I wouldn't recommend it."

He’s not a pushy salesman, and I’ve got a business partner who has worked with him for the last 10 years without any issues.As for your situation, I wouldn’t say it sounds like a Ponzi scheme, but I’d strongly recommend meeting with the fund sponsor in person and asking as many questions as you can.

Any advice that can be shared to try and get over this hurdle to be able to expand our portfolio? 

I’d offer to hook you up with my PM’s realtor (monthly exclusive rights, not yearly.) but then you might ignore my advice as a repeat of the previous sales pitches you have and will receive on BP.

Readers should seek professional advice.

Opt for loan terms and interest rates that you can comfortably manage.Build reserves: Set aside cash reserves to cover unexpected expenses, like vacancies or repairs.Consult with professionals: Seek advice from real estate agents, lenders, attorneys, and tax professionals to ensure you're making informed decisions.Remember, there's no one-size-fits-all answer.

Sounds like there are more cons than pros.