Brian nails it and outlines best practice with no sharing active deals w/new investors for 506b deals. 

I would love to have black male tenants, but simply can't find any in my area that will pass the criminal background check that I outlined above.

If you can purchase a note for around 50% of FMV, then you are doing good and the outlined exit strategies are correct.

I received a letter from his lawyer outlining the details of the incident and accusing me of using my vehicle to intimidate his client and that any repeat would be followed up with legal action.

Does anyone have any suggestions for some type of software or website i can use to outline a target market to show its future development areas to display for a potential private investor? 

@Gordon Vaughn as @J Scott outlined accurately, you may want to reach out to @Marc Marinaccio who has been a RealityTV Shower Runner and Producer for a number of years for his insight.

But, if you are sitting next to the guy or gal who did then you will not be saying any of those cop out lines.

My letter provides a very clear outline of the proposed transaction so we can negotiate before committing to a "contract."

It's A structure that works for many, but these scenarios are not a cookie-cutter, one-size-fits-all situation and the post I wrote outlines some of the considerations involved in choosing a structure and why one or the other structure may or may not work for an individual.So the reason why you're hearing about people not running their flipping through an S-Corp is that maybe that structure does not work for their other goals and life issues.  

I think that in this case you outline, that yes, the 401(k) is an excellent choice.