The intent is the sponsor needs to know enough about investor to feel comfortable the investor has the financial knowledge and acumen to properly evaluate the potential risks and benefits of any investment and the financial stability to invest capital for a 5 to 7 year period.Topics of discussion with sponsor would be:Income, credit, job stability, prior investment experience either with real estate or other asset types, education level, occupation and profession, amount of savings or funds in retirement accounts.Hope this helps.

Corporate leases typically provide stable, longer-term tenants, while Airbnb can yield higher nightly rates but may involve more management and turnover.

I would not invest if the good guys are losing ground, but that would run counter to your description that it is an appreciating area.It looks fine to invest in for the information you shared if the long term forecast for the area is safe and stable to improving.

have 2 index funds set up (one for retirement) and am generally pretty far ahead. 

I have male seniors whose income is verified thru retirement/disability payments.

If they've got bad credit, we also focus on stable income and employment.

The problem you're going to encounter is your income is not stable, and you just started doing it. 

Purchase price: $1,400,000 Cash invested: $300,000 Chimney RV park is a 5 star retirement park in Mission Texas.

I have out of state properties myself but this would be for them in retirement. 

I really don’t think people realize a 506c there does not have to be a ppm and the operating and subscription agreement can say they can invest in anything from pigs feet to moonstone and they could have an iq of 4 as a sponsor and do really dumb things but none of that is a scam or a ponzi.Just like last crash no one went down, same will happen here - regulators are far to busy dealing with the Wall Street crowd which impacts retirement accounts if retail investors - investors in a 506c are accredited = they can lose it all.Sec isn’t gonna spend $ 1M chasing someone who just had a bad deal.