Also involved in the real estate industry in South Florida.

With the right tenant selection and manager, you can minimize, mitigate, and transfer most of the risk involved in renting it out.

The best quote that I've gotten is 9%.Basically, Dodd/Frank prevented lenders from securitizing and selling those loans, so they must be kept on the books.I'm assuming since you have four families involved that you would need some sort of entity to hold the shares, and that's going to make it difficult to find financing.

Unfortunately it is INCORRECT.The determination of whether the sale of an investment is a security or not has nothing to do with the number of  participants involved.  

I am a newbie to real estate investing but look forward to getting involved.

The Association's policy may not cover a loss you're involved with.

I'm currently looking for some good Buy and Hold investing books, so if you have any in-mind, I'd love to hear about them.I look forward to getting more involved in the community and hopefully network some more in my local area.Hope to talk to some of you soon.

Your research can be a lot less involved than what every other asset class has to do.  

These transactions involve a decent amount of paperwork and you would've to provide it in a timely manner.

Gregg, That is very helpful, all that being said do you recommend taking a EM deposit or to just avoid it given all strict guidelines involved?