New build maybe a bit aggressive getting into real estate unless you have a builder as a partner in a deal to see the full steps or stages that go into new builds.Why new build?

Quote from @Kevin Zmick: Deeply and truly appreciate everyone stepping in to provide advice.

I think this is the first step so they can know who has the lead pipes before they pass a local ordinance to require the replacement at the property owner's expense.It's a "first registration, then confiscation", of sorts.

This rule is part of the Securities Act of 1933, which was established to provide more freedom for businesses to raise capital while still protecting investors.Here are the key aspects of Regulation D, Rule 506(c):Rule 506(c) Filing:Allows issuers to broadly solicit and generally advertise an offering, provided that all purchasers in the offering are accredited investors.Requires issuers to take reasonable steps to verify that the purchasers of the securities are accredited investors.Issuers must still file a "Form D" with the SEC after they first sell their securities.The rule effectively lifts the prohibition on general solicitation and advertising for certain investment offerings, allowing companies to reach a broader audience when seeking investment.Accredited Investor Definition:To become "accredited," an investor must meet certain defined criteria regarding income, net worth, professional experience, or size of the entity (if the investor is an entity rather than an individual).

The exact steps depend on the nature of the defaulted debts and on your local laws.State income tax planning.

While cohosting is my initial step, my goal is to transition into a full-service hospitality management company as the business grows.

What steps would you recommend to minimize damages and resolve this issue efficiently?

Congrats @Shaylynn O'Leary on taking the first steps in your investing journey!

Welcome to BP and congrats on taking some good first steps.

Pretty much my first step should be work as a loan officer and then the rest will come to me?