The CFPB is built on a highly sophisticated (to me it seems to be) technical platform.

Usually the more money a transaction legitimately requires the more sophistication the parties to the transaction have.

They are highly educated sophisticated people and they come in here all the time with their two diligence teams, attorneys and CPAs before they buy our projects.

Even the least sophisticated observer of this place would have guessed that nearly 0% of the wood could be retained.

Finally banks do go broke on occasion or change policies on lending that limit their ability to help you at a crucial time.Please note that I am not nearly as sophisticated or knowledgeable as many members on this forum, and am only speaking as a person who gets loans not gives loans.

There is a level of sophistication that needs to be understood in dealing with high net worth individuals.

I look at life like i look at a casino.. the games with the best chances to are fewest on the floor...

I chose to down down the "Passive" path originally because I was too busy at work to do anything on the side and almost 13 years later it's still proving to be the right path for me.My suggestion is to consider whether you want to be "Active" or "Passive" and then explore the paths that exist down whichever makes sense for you.And, to answer one of your questions, you do not need to be an Accredited Investor to participate in some syndications (some allow Accredited Investors only while other allow Accredited and Sophisticated Investors).On a final note, I would be happy to help you on the Passive side in terms of questions, etc.

"Landlord Insurance" can mean a lot of different things, from a simple property policy to a sophisticated business policy.

They are great for the entry-level education piece, but as a person develops, they lack the higher sophistication needed for the more experienced investors.