Full Disclosure is Required for Non-Accredited InvestorsIf any non-accredited investors participate in your deal, you must provide them with detailed disclosure documents.The SEC states:“[The company] must give any non-accredited investors disclosure documents that generally contain the same type of information as provided in registered offerings.”This is where having a Private Placement Memorandum (PPM) and Subscription Agreement becomes absolutely necessary.A PPM outlines:✅ The risks of the investment✅ The structure of the deal✅ The terms and conditions✅ The use of fundsA Subscription Agreement ensures:✅ Investors acknowledge they understand the risks✅ They meet SEC requirements✅ They legally commit their capital🚨 Not providing these documents could leave you vulnerable to investor lawsuits.4.

fit into the mix?

We have both always been interested in forming some partnership in which I do the leg-work and he provides the finances.

It was my only option because I had limited funds and wanted a better future than my day job alone was going to provide.

@Matt Smith - as @Christopher S. mentioned you cannot use an ADU unit in Chicago as an AirBNB as the city's intent with the program is to provide additional affordable housing. 

People don’t get paid a lot for providing a contact information on someone who say is in foreclosure.  

Your time is a huge factor in this, Nathan has a great post above that provides in fine detail here. 

Anyone who can provide useful advice would be appreciated.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

This diversity provides a certain level of stability to the job market.Population Trends: The population has seen modest growth in the last decade.