Bringing in the extra dirt to raise the lot also required a Soil Engineer to be ONSITE for several days to test the compaction of the soil as we lifted the site, and also some additional heavy machinery that we don't normally run across...like a "Vibratory Sheeps Foot" which kinda sounds like something you would find at one of those trucker stores...After a hundred and twenty something loads of dirt, we were close...but not quite close enough, so we decided to stop bringing in dirt for the moment, and incorporate a SUBWALL into our foundation so that we could bring in dirt only for where out house sat and stop "bringing up" the whole lot.With the "development" portion almost done, it's time to go vertical!

Investors in these deals are completely passive by definition and thus that is what sophisticated equity is worth.

Non-recourse financing is far more advanced than any other financing mode discussed here, if fairly underwritten and usually not appropriate to small seller financed transactions unless accomplished by sophisticated investors

Specify what tenant responsibilities are, like reporting issues, keeping others off the property who are not invited, keeping the property clear of trash, inoperable machinery and personal items when not in use, keeping the grill out from under trees, shrubs and away from structures.

It's a much more sophisticated crowd that remains though.

I am not sure still because its really sophisticated.

Non-accredited investors can buy a note or they can invest in a fund that allows non-accredited investors (some funds allow up to 35 sophisticated investors) or a fund that utilizes a crowdfunding platform.

I don't want to leave a bunch of properties with debt for my less sophisticated heirs.

The level of sophistication typically increases as you move up in property size.  

Many wholesalers now are just doing robo calling and trying to get folks on the phone I get one to two of those a day.. most I don't talk to some times I will .. many of these are using off shore call centers so semi broken English reading form a script.. but they produce leads.. its just like buying a car.. the sales guy ( telemarketer) then hands you off to the closer.. then you have the I buyers backed by wads of VC money big advertising budgets and super sophisticated web sites that spit out automated offers.. the business is changing no doubt.. and there is no doubt like Will Bernard stated its probably the toughest thing in real estate to master ergo 9 out of 10 never get past first base..