Originally posted by "TonyS":It simply gives me title, which gives me permission to control, which gives me permission to sell.......Only a deed gives title -- an option does not give title.I think what's going on here is a semantics issue -- as an attorney I tend to be very precise with my words and don't ascribe meanings to words that they don't actually have -- for example, an option IS binding on the seller during the option period whether the buyer exercises or not, but this is the correct legal terminology and not the way most lay people would describe it.Unfortunately most non-attorneys do not deal in precise, literal, factual, technically correct and accurate language, which is why so many people get themselves in a bind and end up needing attorneys in the first place.That said, no need to beat a dead horse or bang heads -- we're both just trying to help someone out.All the best!

Further, the Federal Exemption for private placements, of which Reg D is a safe harbor, preempt any state regulations.  

By not discussing active deals, taking time to have those dialogues to establish knowing your customer and determining suitability for these types of private placements, recording these conversations (CRM tool), its a process and important for the investor as well as the sponsor, which also helps support any future regulatory reviews.Lastly, I will note that the deals should be presented to investors from the issuer (key principals w/actual roles separate from mere marketing / selling the deals) or licensed reps of broker / dealers who can market these types of opportunities, take qualification exams and are heavily monitored, regulated.  

I have a few properties actually- four to be precise, including the one I live in, but they are all traditionally financed by and hold, and acquiring them that way, unless you have an executive's salary, is a long slow process and that's what I want to find alternatives to.

The larger community groups that want someone else to run their lending operations are using either SACU or Precision Capital Funding to do just that for them in states where that solution makes sense.

In fact, the reason that I questioned your advice was PRECISELY because your advice didn't fit the situation.

She has not charged a fee for overseeing the work on the rentals I have purchased, just billed me for the work done and charged me for 1/2 the first months rent for placement. 

Your floor plans will most likely be driven by the placement of your utilities, etc.

(BTW, I know some people talk about how if it's 1-4 residential, valuation should be based just on sold comps, but I do like running #s on even 1-4 residential when you're looking to hold because it provides a more precise way of seeing how a property can make money today, without speculating, which is what I feel comps are at times.)

HYPERINFLATION:  Unfortunately theres no precise definition for hyperinflation.