There is also a nice table here for those that just want the bullet points:A+ Indeed: The SEC’s Proposed Rules Amending Reg A(The table is several pages down in the article and compares various things among popular exemptions)

I'd bet $1 that your $50K rehab value is off.

Just a 30 day notice and that way no need to worry about exactly how much longer he needs, I bet he doesn't know himself if the time frame depends on whether he can find another place and whether he can get back with his ex-wife, and both scenerios seem to depend on how he can budget time!

Best bet is to ask the bank and/or trustee.

I would say you better bet would probably be to keep investing in more properties as opposed to paying of the houses one at a time.

Best bet is to have systems regularly tested

I get the idea of cash on cash returns, but if someone told you that you would see 1% in price gains over 20 years (in other words, a 20% gain), you'd have to ask yourself if that acceptably beats inflation and the cost of the interest on the mortgage, and I bet you'd decline to purchase if you had that crystal ball.

The neighborhood is not the best, but there are far worse.Your best bet (Which you are already doing) is to continue talking to locals in that area, maybe other BP'ers or at investor meet ups etc..When I bought my property last year there are several others in the surrounding area within the same price point, now I am having a hard time finding the sweet spot of cost to value ratio.

This does not diminish the asset protection value.But a C-corp may not be your best bet.

I'm not saying there is no value in courses you might pay for but if you devote the same amount of time that you would spend in studying these courses to being involved in BP, I would bet you would gain a similar amount of knowledge.