With the current administration and the intent of the general bill, I would expect that the SEC will make a favorable change to the definition to allow far greater choice and opportunity for non-accredited investors.

We have to be confident that our investment will be a good choice financially.  

Money is nothing but choices.

You gave them the choice to make the right decision and saved yourself a lot of headaches. 

It's your choice really not theirs.  

😊 When I look at the appreciation putting down all I had at the time for only 3.5% I know it was the right choice..

Narrow your choices that way.  

REI has historically been very competitive.Cash is not king in real estate investing...deal flow is (lots of it).If you don't start now, you will have no experience or relationships if a correction occurs.If a correction occurs, lending/capital sources can dry up.Investors over-estimate their ability to pull the trigger when prices are crashing and there is no end in sight.If you can generate even a small positive IRR from real estate during an economic recession, idle cash is the risky choice (and is very costly over long periods).All properties and markets will not loose significant value in the next down cycle (real estate is local and good locations will always perform well).Investors can add as much or more value to a property than the potential loss of value in a downturn.If we have capital that we have to put to work, prudent real estate can be the flight to safety.I don't like investing into a hot market but sitting on the sidelines for years is not a viable strategy...just have to be really careful.If you are a market appreciation only investor, ignore this post...that can require some market timing.Interested in everyone thoughts.

Choice questions can trip up a fake landlord pretty quickly.

Although I'm not ready to pull the trigger in Edmonton,  I like the buildings around Jasper and my second choice is Whyte (82nd) - Old Strathcona area.