Honestly this is why the govt needs to change the criteria for an accredited investorIt has not changed the amounts in like 40 years and many people making $250k a year cannot afford to lose $50 or $100k which is happening now as many use the “accredited investor” as a status but the only status is you can lose $ and govt doesn’t care.Besides that the jobs act introduced crowdfunding and regulation a+ that allows people to invest hundreds or thousands of dollars at a time not $50k and accepts non accredited.  

:A bad tenant can lead to thousands of dollars of losses via unpaid rents, legal fees and property damages.

Just like the hundreds of thousands of houses in the mid west that are 150k an under..

I was literally making that point 3 years ago and now i’to even more devastating.

yeah, that's very literally what I do every week. 

Some of those facebook groups have thousands of members.

Maybe I need a new tax guy, but with hundreds of thousands on this site I thought someone might have a helpful opinion.

Understanding How Real Property Works I am not making the argument to do anything unsafe or that you need to do all of the work on your properties yourself but I believe that understanding how real property works will save you from being ripped off, allow you to prioritize repairs more effectively, and get you out of tough situations by providing you with solutions to problems.Why Basic Home Maintenance Skills MatterCost Savings: Knowing how to do some basic things yourself can save thousands of dollars.

I would not get an attorney involved unless you just want to prove a point. it will probably cost you a few thousand and I am sorry but the attorneys involved  , your attorney and theirs will settle out of court. 

Max - No I didn't use them because I asked the same questions for their tax ID or DUNS number and they never replied.Matt - gotta love how you literally said in your comment above that "I'd do it," and now you're posting links as to why not?