Presently I have a great deal of time and expertise on my hands and I'm not quite sure what to be doing with it, as I'm in a totally new area and operating in an environment that is fairly foreign to me.

But I believe his tactic is still to get around SEC's regulations.Is this three times meetings first an SEC regulation ?

There is also the "Chavez" factor of putting yourself in an environment where the local government feels it is free to confiscate assets.

I’ve seen duplexes lower than $200,000 that are “homepath” – might be best to seek out a local agent who is familiar with this stuff.The only issues with these deals is regulations (which are good and bad), you will need the money, cash reserve of some sort as well as tax returns, etc. to qualify.I purchased the home next to me on an owner contract for a very good deal as it wasn’t for sale and controlled by a family trust that just needed some creative problem solving to get rid of it.

I am grateful for the HOA and there are valid reasons for the rules and regulations.

It is my understanding that the old school "Lonnie Deals" are essentially dead due to the Dodd-Frank regulations coming down the pipe.

If you go that route, make sure you're familiar with basic SEC regulation, because pooling money from multiple passive investors without proper filing is a big no-no...

Been there done that with the state regulators any form of buy back guarantee etc would require some sort of securities offering.

You will have to check and read the regulations.

The $500 number is based off the new regulations for taxpayers without a financial statement.http://tax.cchgroup.com/downloads/files/pdfs/legislation/repair-capitalization-regulations.pdf