I'm all about individual freedoms too, but not going back to the wild west either.Let's take this to the Off Topic thread, if you like, politics are not allowed in the forums, for good reason, and we are off topic.Point is, regardless if I like a law or not, it's the law and either I follow it or get ready for the consequences, which includes more than any fine or jail time, there are also society issues and professional considerations to accept, many people don't deal with persons who have violated laws or positions of trust, so the SAFE Act is what it is, if it applies I'd suggest compliance. :)

@Jeremy Paschedag - I did enter taxes  ($3580 per year) and a wild guess at insurance ($900) on the BP calculator!

What is "smart" varies wildly from investor to investor.

If you think they are doing nothing your understanding of business is wildly inadaquate. 

Insurance will vary, taxes can be wildly different on neighborhood to another.

Plus it seemed like the easier path then finishing school since the market was going wild in 2003/2004.I would urge you to go back to school and possibly change your major(s) somewhere else in the college of business. 

There are proformas, cash flow analysis, sale/valuation sheets, IRR/NPV analysis (absolutely wild stuff!)

It's not the wild west anymore where you can get away with anything one might dream up.The SAFE Act was the first federal law passed concerning seller financed deals, I've been through tons of financial laws and I've never seen a specific investor type deal identified as they did mentioning "Lonnie Deals" as being predatory and the subject of specific legislation outlawing a transaction as explained in the Deals on Wheels book.

It is much more of the wild west. 

I was working with one recording service that had great rates but was wildly unreliable (you get what you pay for?)