The Commission spearhead a joint effort with the North American Securities Administrators Association and the Financial Industry Regulatory Authority to ensure coordinated State regulation and adoption of measured regulation that is transparent, responsive to the needs of small businesses for capital, proportional to the risks to which investors in such offerings are exposed, and capable of early implementation and ongoing enforcement. 4.

Otherwise you open yourself up to potential regulatory violations if you do more than a couple of loans.Do a BP search on Dodd-Frank or check Google or Wiki.

I simply have federal financial regulatory experience, a register creditor's representative in federal bankruptcy court, owner of a mortgage company, but you can check out my profile for a better idea of what blocks I've been around.      

I can see that too coming from a corporate environment leans toward less social responsibility and regulatory matters where value or profits require much less justification.

“It is extremely important for everyone involved in the seller finance industry, from the small business owner to the potential homeowner whose only path to homeownership is through seller financing, that we all join together to make a concerted effort to achieve regulatory relief from the burdens, a lot of them as a result of unintended consequences, from Dodd-Frank and CFPB legislation.

Brian is right, single member LLCs came under regulatory scrutiny back in 2009, due to abuses that were being discovered in these so-called "checkbook control IRAs".  

As an old has been regulator, I can tell you that we looked to the intent of a law, regulation or rule just as much as to the letter of it.

One reason I never had an issue with regulatory matters was due to the care taken in all written materials, any business plan, project, lending relationship, advertising or proposal never had interest rate guarantees or implications of profits.

Also, is establishing that JV running amok of anything in the current regulatory environment?

Selling on owner financing, has all kinds of regulatory issues.