My questions is reading all these dealers posting on the forum, they seem to be pretty big and strong in the industry because they have props nationwide meaning they are licensed in all 50 states.

I have bought a lot of low income properties that had drug addicts, drug dealers, drunks, and other losers in them.

Moreover, a single problem in a 4-plex (such as a loud drug dealer) can empty an entire 4 plex.

“I can’t see an argument for either direction,” one Midwest dealer said.

Big SUV, big wheels, really do bring the drug dealers out, and you do get offered various drugs.

Except as hereinafter in this Act specifically provided, the provisions of this Act shall not apply to the sale of any security when made in any of the following transactions and under any of the following conditions, and the company or person engaged therein shall not be deemed a dealer within the meaning of this Act; that is to say, the provisions of this Act shall not apply to any sale, offer for sale, solicitation, subscription, dealing in or delivery of any security under any of the following transactions or conditions:I.

By not discussing active deals, taking time to have those dialogues to establish knowing your customer and determining suitability for these types of private placements, recording these conversations (CRM tool), its a process and important for the investor as well as the sponsor, which also helps support any future regulatory reviews.Lastly, I will note that the deals should be presented to investors from the issuer (key principals w/actual roles separate from mere marketing / selling the deals) or licensed reps of broker / dealers who can market these types of opportunities, take qualification exams and are heavily monitored, regulated.  

Every single one was a drug dealer and all were legally evicted.

I'm also NOT a dealer.

I wonder if it will be like the 'required' MH dealer's license that you can get by without.