Legislation has made it more difficult to "create substantial wealth with a SFR portfolio", and "One MFR acquisition can bring a huge # of units at one time, versus the slog of buying SFRs."

The JOBS act legislation has opened up the ability for lower income earners to participate in crowdfunding opportunities.

From memory, without reading the actual law, the new legislation doesn't deal with, or change, HOA liens and their effect.

A red flag goes up if there is a complaint where money is pooled with multiple investors and the unsophisticated public is possibly being taken advantage of, they will take notice.Yeah I feel that for the most part the SEC stuff, and most consumer protection legislation, is more to allow attorneys to churn big fees since you basically have to do it in those situations.I guess what you are saying is what I was getting at where offering a single person a lien on a property in exchange for loan would not really be an SEC red flag if nobody complained about it.

Some states, like Georgia, don't even need the JOBS Act because their state legislation allows for general solicitation.

I listened to some very out-of-date info that ignored (or was ignorant of) many of the legislation which curbed or outlawed a number of his suggestions.

Appreciation potential is the other kicker.By the way... all of the above is not really in the spirit of the crowdfunding legislation, IMO.

The good and bad people usually have reps.Your situation is indeed unique and with all this new healthcare legislation I couldn't even attempt to help you with that.

In accordance with the Gramm-Leach Bliley Act of 1999 (Federal legislation concerning the protection and disclosure of non-public personal information), we have no ownership interest in the referenced property and suggest you contact your local County Tax Assessor, Clerks Office or County Sheriff Office.

It is hard to believe they're out of compliance in any way, but I realize there is always healthy scrutiny of stuff like this when the law changes.I spoke with a well-known securities attorney yesterday about Regulation A placements that have exploded in popularity as a result of the new legislation yesterday and our current fund members regularly discuss topics like this.