@Samuel Coronado I’ve worked with a few lending options that have no seasoning requirements and allow you to borrow based on the appraisal or after repair value irrespective of how long you’ve owned the property for.

If not, then selling is a good idea irrespective of the real estate.

However, as curiosity prodded, I looked into the degree that it is prohibitively expensive to consider just filing as a security anyway, irrespective of the pros and cons.Basically, I searched for "what are the costs for registering a security with the SEC" as well as "what are the costs for registering a syndication as a security with the SEC"Most the results produced explained something to the extent that the fee was about 150 bucks per million offered, without any other information on what would validate the explanation that filing a syndication as a security is prohibitively expensive.

The 1031 exchange was done as a group irrespective of, and including the SDIRA status, as a tenant-in-common. 

Bottom line is - we have all lost the deposit and have no idea how to get it back irrespective of who the builder is. 

What I see irrespective of how the deals are going is the lack of communications from these syndicators with respect to how their deals are actually doing.

You track all of your expenses the same way irrespective of profitability. 

The other trick to that is to pay balances off in full before the end of the month that the statement was reported, irrespective of the due date.

So what you have to do is becoming part of that club and provide an amazing experience so that you can charge well above the market rate, irrespective of what the market rate is.

If it's simply cash flow--irrespective of hard assets-- then you're better off buying some form of debt.