A summary of the changes can be found here:SEC Staff Recommends Updates to Accredited Investor DefinitionWhat's good:You can now take a test to qualify under the proposed rulesThere seems to be some critical thinking about the thresholds and indexing them to inflation instead of picking an arbitrary number and leaving it staticThere seems to be some critical thinking about who can invest whatThose with experience in private deals can exempt outWhat's bad:It seems hard for portals or funding platforms to implementWealthy investors are capped unless they make over $500k annually or have $2.5M in net worth

I wonder if I could pick your brain as an active wholesaler and just hear your experience and stories on wholesaling?

I go to Honey Baked Ham and pick them up a small meal for the family.

In the time it would have taken to go pick up the trencher, do the work, and return it, I had much of it dug.  

I am in the process of closing on a property I picked on an online auction.

I spoke to the listing agent today and he seems confident that the owner will hold a note, so I'm thinking it should cash flow nicely if I'm able to pick it up for $40k at the highest.

So what I've sometimes done is pick and choose from their estimate what I want them to do, and what I want someone else to do because I think I can get a better price or better quality of work or both. 

My mother likes to say - you have one ***..pick a chair, and sit!

You don't necessarily pick up everything that way but you will pick up a lot of things. 

However my dilemma is that there is a large piece of land available for recreation of the tenants plus the home.