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.

@Marita Jojo, clearly I don't know this specific deal to confirm or deny any of your assumptions.  

We use Quickbooks Online for our main accounting software.  

You need to set a deadline for them to correct the issue, then follow up with an inspection or other method to confirm compliance.

Quote from @Elizabeth Rose: @Josh Bowser this tip of doing a quick search on county GIS or software to see if homes in a neighborhood are owned in personal names or LLCs is gold, thank you!

I would appreciate anyone who can point me to guidelines that can confirm one of the two information.

Just to confirm, does this mean I can only pull out 80% of the equity that is available after the rehab?

Next is getting to the work of researching that market to confirm viability, building the TEAM, the How-To for strategy. 

Based on the local market, $15k for renovations seems light—have you had contractors confirm this budget? 

Quote from @Ryan Ludwick: Hey, I just joined the platform and wanted to introduce myself and say hi.I'm a software engineer, currently based out of Portland, OR.