You Can Only Have 35 Non-Accredited InvestorsRule 506(b) allows an unlimited number of accredited investors but restricts you to only 35 non-accredited investors.However, there’s a catch:Non-accredited investors must be financially sophisticated.They must have enough experience to evaluate the investment risks.From the SEC:“Securities may not be sold to more than 35 non-accredited investors… [who] must meet the legal standard of having sufficient knowledge and experience in financial and business matters to be capable of evaluating the merits and risks of the prospective investment.”If you’re planning to include non-accredited investors, make sure they qualify—or you could be violating SEC rules.3.

This lender is probably in the residential niche and is trying to get your business for a loan.

There are people who have an entire business helping you set up and design a STR relatively quickly (3-7 days) depending on size of home and complexity but you are going to be paying a bit of a premium but you do save on the headache.

If your state is an expensive one it might be cost prohibitive to have an LLC for a small rental business.

Hi everyone!AIM: I am looking to start a syndicate. NEED HELP: I am looking for assistance in lawyers and other experienced syndicate mangers to seek advice and some guidance. Purpose of the fund: To purchase old land...

I was going to add, as posted above, it's a great rate and stick with that local credit union for the future business. 

I think there's a pretty low bar for competency in the management business because it's not glamorous and can be a grind.

yes, its a people business.

Every day is a school day in this business.

Many are buying properties, doing minimal renovations to keep their crews busy, and selling with small or zero profit margins.Cash buyers are a priority.