Hey Zach,I work with a lot of non US citizens on the investment side.

I have landlord policies for my rental properties in TX and AL states, but I am not able to get an umbrella policy form my current insurance company, because I do not have car insurance and primary residence in US, as...

Open ended contracts, particularly verbal ones, usually end badly.

As far as their relation with the PM goes, the PM is the agent they used when buying the said rental, agent is local to Indianapolis, as for any form of PM agreement I do not know, it may be verbal, or they have a written agreement.Thanks in advance. 

You made a verbal agreement to cancel our contract that we had.

Next we will need to know if the non-conforming unit is legal.

We went back and for and have agreed upon terms verbally.

My question is - do I have any recourse if the loan officer now deviates from what he initially told us verbally and in writing (I have the emails and text)?

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.

In evaluating seller financed notes, there is always a balance between redeeming and non-redeeming factors.