Especially if they are not YOUR PM, that sounds a lot like the unauthorized practice of law to me, but what do I know.If it were me I'd get an attorney, no question.

Any unforeseen regulations or roadblocks to be aware of?

The big risk in these is being sued for wrongful foreclosure or any of the various violations inherent in the Dodd Frank Act, or regulations promulgated by the Consumer Financial Protection Bureau.As part of your due diligence, it is imperative to know the active participant's knowledge and experience in these matters.  

I do remember studying practice tests and it was very helpful.

we take the first month and sec. dep at lease signing, unless special circumstances exist, I think Brandon may be referring to Ernest money that would be applied to first month, and that would have little regulation, unless you are licensed, and use state forms that direct where the money goes, and how it would be distributed. 

In Maryland, for the most part, it has been made an illegal practice with severe civil penalties.    

I am a also commercial real estate attorney in the Raleigh-Durham area with a statewide practice.  

I am practicing on my analysis as I hope to purchase something like this or bigger before the end of 2016.  

Some of the better forces in Congress are working to raise the cap under Title III to $5M:To amend provisions in the securities laws relating to regulation crowdfunding to raise the dollar amount limit and to clarify certain requirements and exclusions for funding portals established by such ActLet's hope this happens.  

I practically stopped listening to music and television all together.