I will most definitely qualify as an accredited investor. :)

All applicants for licensure as a broker must complete one of the following as proof of completion of the education requirement:a) a specific 36-hour brokers course of approved education programs in business management from an an approved Wisconsin school AND if applicant does not presently hold a salesperson's license in Wisconsin, applicant must also complete the 72-hour salesperson education requirement; OR b) a transcript showing 20 academic semester-hours credit in real estate or real estate related law completed at an accredited institution of higher education AND if applicant does not presently hold a salesperson's license in Wisconsin, applicant must also complete the 72-hour salesperson education requirement; ORc) a photocopy of current bar membership card or a certificate of good standing in the Wisconsin State Bar.

Also if this happend recently , I would wait for a 6month period before purchasing so it will be reflected in the compsOriginally posted by David Wolf:I am curious about peoples opinions on purchasing rental property in a county that just lost its school accreditation.

I rather home school my children.

I've heard the same thing that a lot of employers won't hire Devry grads because the degrees aren't worth the paper they are made of.Especially when they have a pile of upscale grads from accredited universities they can choose from.

In the PPM LLC the number of investors in the entity is based on a couple of things - 1) accredited vs. non-accredited, 2) cap on the fund and 3) amount of pension $$.

As an investment adviser, I've been working with separate accredited investor entities who have been looking to diversify their individ. ports. via comm.r.e .

But if the investors are accredited, then you should be able to get away with it for a much lower cost.BTW, for a four-plex, I would not really do a separate LLC for each investor.

With limits of $5,000 for non-accredited parties, an issuer (e.g. a company doing flips trying to raise capital) will need a bunch of people (NC residents) to get enough funding.

Hi @Katrina Schmid, if you're an accredited investor and you decide to 1031 exchange, you might consider reinvestment into DSTs.