Thanks for raising the question @Jimmy Klein and interesting thoughts @Bryan Hancock .The Securities and Exchange Commission (SEC) has had the ball in their court since February 3rd, 2014, the day the comments from the american public were due.

Legal & court costs: $700?

Falling into analysis paralysis is the last thing I want to do, and I understand that making mistakes is a great way to learn, but I don’t want to make any mistakes that would prevent me from moving forward with making this into a functioning business for myself and my partner.

I've just sent out regular printed letters (in hand-addressed envelopes) to executors of estates that were filed since Jan 1, 2014 in the probate courts of Cook Co. and the surrounding counties.

It's a function of how active or passive you want to be.It would help you to nail down what type of investing you are going after.

Foremost has a product where you can have what they call a "functional modified replacement cost policy".

If you go to court, evictions, file papers etc. you have to show you are an authorized representative to perform such actions on behalf of the owner.

Depending on the state, challengers have 30-120 days to appeal a plan approval to the court contesting whatever they feel may be a misinterpretation .

Also they hide behind their Terms of Use of their website which means you cannot sue them in small claims court and you must use an arbitration company that they select, and you must travel to Canada to do so.

Of course, you probably don't want to go to court.