In a 506(b) deal you are allowed to bring in up to 35 sophisticated investors that don't meet the accredited standard, and almost as many as you want accredited investors.  506(c) you can market offering, and need to take reasonable steps to verify they are indeed accredited.Reg A(+) you can market and raise from non-accredited, but more regulatory filings.I think there are a lot more accredited investors than you think.  

Assessing the seller's professionalism and sophistication is critical in deciding the level of detail required in this procedure.

.→ many fund managers will help you self-certify (I'm happy to help)I have more information on my website here:https://www.oakandvinecapital.com/accreditedBecoming accredited unlocks more opportunities, and you can learn about new opportunities without having a relationship with a sponsor or fund manager (506c offerings)If you are sophisticated, you can also take advantage of investing in alternative assets, you just need to have a pre-existing relationship with a sponsor or fund manager.Happy to help more!

This perception in the investment community is often with the presumption that cities like Charlotte, Jacksonville, Orlando, Tampa, Atlanta, etc, are all cities similar in population to other cities across the US.. but if the populations are comparable, what is the catch? 

Now add internet and connectivity because as much as one can live without it perception is that one can-not, and there is societal truths to that. 

Very sophisticated group for sure.

It's only the small, less sophisticated law firms that make you call them and speak to a rep.

Depending on market (lets say one invest at Tesla or OpenAI at the beginning).So all these investment can be allocated appropriately based on investor risk perception, there's no correct answer for sure.

They don't work so well for most syndicators and sophisticated operators in the space.  

A company would be punished by the feds and/or the market bc of perception.