"Phase I included 388 responses with over 1,200 comments and suggestions while Phase II included 141 responses and several hundred more comments and suggestions.

Once you become licensed you subject yourself to all the laws required of licensees, including the requirement of broker supervision.

Just because some fellow investor includes it on her or his log, does not mean it flies - unless this investor was audited and won.

Naturally, I assumed REI’s "white-glove" service included a strong legal team to handle these situations efficiently.

Would be curios if folks have also just included the cost of utilities at this price and left it unpermitted.

This way the broker can search hundreds of lenders (Including Easy Street Capital) instead of just hoping that one lender can get you a good deal.A direct lender can work very well for Conventional loans, but if you were hoping to get a good deal I would look elsewhere Or you could search for hundreds of lenders here on BP or online yourself and avoid paying broker fees..

You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.

On the lease, he'll pay me $100/m over my HELOC payment and all other expenses, including the refi cost, inspections, title work, etc... 

Every broker (including me) has the ability to give a 0% origination fee WITHOUT increasing the rate.

They host regular meetups, workshops, and networking events that attract investors across all levels, including those focusing on multi-family and commercial properties.