I tried to create rapport with the owner over the phone but waited to present my real agenda only in person.   

Non-recourse has less personal exposure, but you need a very strong balance sheet to secure this without bringing in a KP.

Code § 1343 - Fraud by wire, or commits unjust enrichment, or violates 18 USC Ch. 47: Fraud And False Statements, or perpetrates a foreclosure rescue scheme, or takes advantage of "protected person" or violates the Dodd-Frank law and/or the S.A.F.E.

Not worth it if you have to feed the thing.But again, what are your personal goals to investing.

Account holders can't take any write-offs personally for investments made in the 401k.

Personally, I've felt the investment has been poorly run in almost every possible way.

I personally don't like the idea of using OPM as is often recommended for people without their own capital.

Some will shed most is not all of their rentals and just do lending .. personal choice.. some things to keep in mind ONLY do first loans. 

Are you interested in S8 because of a personal reason or you think it's the next "hot" investment idea?

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.