It's not the SEC so much, but can be, as it is mortgage brokerage requirements and the exception for dealers as buying for their own investment using their money.

Heany from Green acres, you take on a different perception as being a wheeler dealer, a Jack of all trades rather than a RE professional.

If they were made of metal. you could at least get a scrap dealer to come get it.

Alcohol, drugs, emotional issues, various things that each carry additional risk factors.And even more important, unreliable workers suck up resources (time) that could and should be spent elsewhere.

You're going to deal with drug-dealers, drug users, plenty of evictions and a TON of headaches.

He is using that apartment as a cover up, a drug dealing apartment, slave house or something illegal is my guess.

Original loan was 570,000.00 it foreclosed and I guess went back to the lender for 1,515,000.00 (what it says on the zilliow report) the house is vacant now but there was an eviction that led to a major drug bust.

He seems to think the IRS either classifies you as a dealer or an investor.

While shutting down some businesses and social distancing has no doubt reduced transmission, slowed the progression, and reduced the number of lives lost, the second and third order effects of all the shutdowns and isolation is taking many more lives from things such as suicide, drug overdose, alcohol abuse, delayed testing/treatment for other life-threatening conditions etc.

I assume the materials would cost more than a wholesale dealer but I wonder if the total price would be cheaper with the free installation.