When I first started investing passively in real estate through the syndication model, I was asked if I was an accredited investor or just a sophisticated investor.

A more sophisticated friend might think 10% is a reasonable rate.

After this meaningful experience, we improved our screening process, requiring verification and identifications, the signing of a rental agreement, and security deposits.We also enhanced our check-in process securing all our properties entry with more sophisticated keypads.In regard to technology, we acquired a real-time verification payment gateway.

To me, they generally are not as sophisticated as they really should be.

I guess they are not this sophisticated, otherwise you would not be asking your question.

Owners with MFH in areas you'd actually want to invest in are usually more sophisticated and the same tactic looks mickey mouse to them. 

There are legal ways to use Delaware and Wyoming LLCs in other States (there are benefits to using these types of LLCs as they are some of the most business friendly States in the Country), but it would involve a more sophisticated asset protection structure than just the LLC by itself.

You are pretty sophisticated on real estate and business topics.

We have brought in machinery and have cleared a good portion of the property as well as access points.

As folks become more sophisticated with investment underwriting and strategy, they won’t simply compare cap rates and year 1 cash flow.