As most of you know I am an Englishman on this forum and trying hard to catch up on all your jargon, rules and regulations so please forgive me if I have made any serious mistakes in this post and if I have please correct me.First let me say that I think the Idea is a great one and should be investigated more and really the only person that can do this is Joshua because it will involve lawyers and will have a significant effect on Bigger Pockets so I would like to ask him if he is willing.Next point is what is this going to be so far we have had LLC, REIT, 501(c)(3)........!!!

This would likely be around .5-1% higher then the average rate for a CD in your local area.... those are two ways to accomplish what you are trying to do with as little hassle with regulations as possible and with as little interference from uneducated investors.

The same could be said for SEC enforcement officers who turned a blind eye to certain institutions in hopes of securing lucrative employment once they left the SEC, from the very people they were supposed to be regulating.

Your IRA can purchase real estate according to IRS regulation, but that doesn't mean your custodian will allow you to purchase real estate.

Admittedly, the hedge fund industry is guilty of many stupid things over the years, but blaming it for the credit crisis is beyond pathetic and the suggestion that increased regulation of the hedge fund industry is going to prevent future crises is outrageously naïve.

I think regulation or investor requires a denial to have a reason now.

Rather he halted all pending federal regulations so that they may be reviewed.

Though I think the fundamentals are way stronger than in 05-08 days because of the regulations and underwriting scrutiny, that doesn't mean they are immune to a correction.

@Jay Hinrichs   I am in total agreement that buy and resell is what all the regulators want.In Texas, the problem is a little more complex. 

Plain and simple.Tenants have rights, applicants do not (aside from the housing police regulations)If your first applicant is unemployed or does not have a consistent two year employment with the same employer (which he does not) he does not qualify and should be rejected without further consideration.