We originally set up a Reg D a decade ago, but found it was too cumbersome and different investors had different expectations and risk tolerances.

They definitely let me know frequently about the train noise and I did everything I could to make their time there tolerable (white noise machines, Bose Sleepbuds, etc). 

Everyone's situation and tolerance level is different for how they want to start.

I state there is a 0 tolerance policy for smoking in the buildings.

@Linda S. its not about a pity party, its about making a conscious decision to create more wealth for people who own assets and tolerating the fact that this will make it much more difficult for people with no assets to create wealth for themselves. 

But hey -- I'm pretty risk tolerant so maybe one day I get smacked by a hurricane. 

I usually tell folks to manage their first couple themselves so they can really understand the local laws and what goes into each aspect, but being new, out of state, and investing in a city that has no tolerance for missing one piece of paperwork if you end up in court, Id tell you to instead spend your time finding a great management company in Philadelphia.

You are not setting a precedent that you do not tolerate BS.Good luck

We have to remember the Fed is a banking entity, and as bankers they have a tolerance for uncertainties of absolute 0.

Thank you for Analyze the numbers in each scenario and make a decision based on the numbers paired with your risk tolerance.