What are the SEC requirements for soliciting private money?

[Daniel Hart]

I remember awhile back being told that if you are small-time, say a few hundred thousand dollars borrowed, there is an easier/cheaper registration process.

Can anyone point me in the right direction? I have a dozen single family homes all cash flowing nicely, but I'm about to run out of spare cash to buy and need a partner. I buy $20k-$35k houses that rent for $700-$900/month, and the lost opportunity is killing me!!

Thanks