You likely should promptly review the specific facts with your attorney. Your right to sue may have already expired as the statute of limitations in WA for an action based on a written agreement is 6 years.
You may still have the right to sue.
No one here can tell you without going through any agreement you may have with "the owner" and reviewing the specific facts with you.
I agree with the previous answer Take your documents and information to an attorney right away. The security of the investment will depend on the documents. If some units have sold and you have not passed the statute of limitation time of the essence. Your lawyer would sue for breach of contract and file a "Lis Pendens"on the real property to secure your rights.
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You have to be careful about letting the statute of limitations expire. I suggest you visit a qualified local attorney immediately so he/she can review all the necessary facts and help guide you to a solution. Good luck!
A securities attorney will have to look at the payment history on the investment units, their possible sales value, and all of your offering documents to render a reasonable opinion as to whether legal action is warranted or makes economic sense. You can likely serve demand on the company to inspect the books and the like, but I would not do so with the assistance of an attorney.
The foregoing is not legal advice nor is it in any manner whatsoever meant to create or impute an attorney/client relationship.