However, now that I did, I am glad I changed my perception.

Just felt like a way to create the perception of better monthly cash flow.I PMed you for the lender's info.

The gentleman isn't an accredited investor, but is close or maybe even a sophisticated investor.

Not that any one of these are any less or more to me it's a perception thing.

I've been looking for an audience to discuss my expertise with for a long time now, and Bigger Pockets seems to be just that--a community of savvy and sophisticated investors dedicated to providing information and advice to each other and the newbies entering the industry.

 Some securities are exempt both at the state and federal level depending on things like amount, who is involved (whether a qualified or unqualified investor) etc.I think the most common term here is whether the investor/investors involved are sophisticated/accredited.

I establish the project on a site and the future homeowners buy into it...These people are not sophisticated investors... does that matter for crowdfunding?

Perception is just that important I see especially when you are asking a person that is really motivated to trust you with being able to get the done.

Thank you, Johnny Won't Everyone Be Doing The Same Thing....This is the perennial question in Real Estate.I don't know if I would qualify as a Top Producing Agent, but in my career (highest year in production was 75 Solo transactions) I would from time to time hire, or mentor newer agents.Your perception that your reluctance to working with a young inexperienced agent is not always true.  

It is not great, but it does the job, while you become more sophisticated and develop other means of lead generators.