They are responsible for AML/KYC check to make sure its not money from some mexican drug lord etc. but if you put in more than the 10% net worth outside your primary thats on you. 

Imagine someone harassing your girlfriend, damaging your property, using or selling illicit drugs, dog biting you or your other tenants and creating a flea or noise issue, or any number of other potential issues.

@Matthew Morrow I had a house it was a drug ring and couldn't evict for 6 months.

Companies like this make our whole industry look like used car dealers.

The company making the offering must take reasonable steps to verify that an investor is accredited, which may include checking financial statements, tax returns, or receiving confirmation from a broker-dealer, attorney, or certified public accountant.These regulations reflect a balance between making capital more accessible for businesses and protecting investors from risks associated with unregistered securities.

Part of the “Homeland Security thing” You know, drugs, terrorism, etcYou can be sued and criminally charged for up to 7 years after the transaction.

I am really just looking to avoid the worst of the worst areas (anywhere with open air drug markets or active gang warfare / prolific violent crimes).

When going before public meetings with your proposals, drug, alcohol, and half way houses for former incarcerated, receive the most scrutiny.

The bank will sell notes to other banks, mortgage companies, dealers and those who hold the proper license in a mortgage industry activity, just not to Joe.

OK then there is an @$$ for every seat as the car dealers say.. good luck with it..