If a small non-accredited investor commits $500 to a project, but the state registration fee for that investor costs hundreds of dollars (or even thousands in the case of New York) then the cost becomes prohibitive.

@James Vermillion - Nice tools ;) And those dark kitchen cabinets look amazing!

Transactional funding varies, maybe 1% plus a few hundred dollars, on a $100k or so sizetransaction.

@Lauren Lucas,My EducationSince graduating high school, I have hundreds of classroom hours with a primary focus on law, business law, real estate law, and tax law.

She was renting it to family (Lesson learned) for the past 4 years, once they were gone we decided to go ahead and update it prior to selling, new bathrooms, carpet, paint, refinish cabinets, the works.

Cabinets can be big depending on the size of the kitchen and quality ($3-8K+ installed).

Staying at or within a couple hundred dollars a month of Sec 8 schedules will be a safe bet, usually goes up to 4-5 bedroom rents. :)

If you leverage that $15,000 into a couple hundred thousand over your lifetime, you would have to drop down to an income of between $36,900 and $89,350 to stay in the 25% tax bracket.

Actually, there may be hundreds of them, but since you don't know about them, odds are they aren't making very much money.

I am not a source of funds, I do post 3 day notices, which usually get them to pay, and don't assume I don't protect my property owners.Filing eviction papers costs hundreds of dollars and there is no point if they are moving anyway.