While I understand that you feel that recent legislation such as the SAFE act mandates that all loans qualify under residential guidelines, I can assure you that that varies by state.

I'm starting to see a huge shift to short sales here due to legislation passed in the state, which means longer wait times to buy and close on deals.

And when representing the landlord, I've gotten tenants out with an eviction who were claiming equitable interest.While they do come into play and you should review with a lawyer, it's too early to tell how the newer, federal legislation mentioned above will have an affect.

You cannot confiscate them all nor can they be legislated out of existence.

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I listened to some very out-of-date info that ignored (or was ignorant of) many of the legislation which curbed or outlawed a number of his suggestions.