Mainly because the demands of the owners of the individual units can be aggressive and constant and as a majority unit owner, the time consumed managing the HOA aspect can be a hassle.  

Has any one accomplished a level of success wile having as much time consumed by work, responsibilities and life goals?

You only have to disclose if you deny them based on information obtained solely, or in part, from their consumer credit file.

You ARE investing - paying down (or paying off) consumer debt is really the first step to a financially secure future.

Provided that the issuer of securities does not otherwise have knowledge that such person is not an accredited investor, the issuer will be deemed to have taken reasonable steps if:with respect to purchasers who are accredited investors based on income, the issuer reviews IRS forms that report revenue (W-2, Form 1099, Schedule K-1 or filed Form 1040) for the last two years and obtains a written representation from such person that he or she has a reasonable expectation of reaching the income level in the current year;with respect to purchasers who are accredited investors based on net worth, the issuer reviews bank statements, brokerage statements, other statements of securities holdings, certificates of deposit and/or tax assessments and appraisal reports issued by third parties in order to verify assets, a consumer report from at least one of the nationwide consumer reporting agencies to verify liabilities and obtains a written representation that all liabilities necessary to make a net worth determination have been disclosed (all information reviewed may not be more than 3 months old);the issuer has obtained a written confirmation from a broker-dealer, a registered investment advisor, a licensed attorney or a CPA that such person has taken reasonable steps to verify that the purchaser is an accredited investor within the prior 3 months and determined that such purchaser is an accredited investor, andfor purchasers who previously purchased securities in an issuer’s Rule 506(b) transaction prior to the effectiveness of Rule 506(c), a certification that such person is an accredited investor.A simple Google search has a bunch of third party verification services.

It will cost the group approximately $10,000 - $15,000 to have an attorney draft the PPM, Subscription agreement, operating agreement, and any LLC's.Don't let all of this scare you however, it's just a bit time consuming is all, and if you don't plan to lever it (add debt through a bank) you're far better off in the long run in terms of overall costs of funds.Keep us posted and good luck!

Taking its place are four new forms, including two forms that enableparties to originate seller-financed transactions provided that the seller is able to qualify for one of two licensing exemptions created by the Consumer Financial Protection Bureau.

They consume at least a third, maybe a half of American products.

That can be on you.You were probably exempt from Dodd Frank that forbids a 5 year balloon on a consumer loan, but outside of Dodd Frank, making such terms with a borrower with past credit issues can very well be seen as predatory lending, somewhat unrelated to the D-F Act, except the D-F Act also covers such matters.

Talk to bankers on the consumer side and commercial side.