Whoever is offering the securities needs to verify that you meet the definition of an accredited investor.

.), but there are also costs and time required, so I would advice to start as a partnership, and form an LLC if you decide to keep doing it on a regular basis.

I want to build something special for my kids and secure a future for us all so that I will never be where I was 2 years ago.

Thus far I have read a few books, practiced analyzing properties, scoured Zillow, Craigslist & the MLS, spent hours on BP and secured a HELOC.

Try mortgage - it's the pledge of your property as security for the note (loan).

Prior to the auction, in a regular sale, the seller would have to get a release from the fed lien in order to give clear title.

Just looking for a chance to learn something new in a new city and take a break from the regular routine.  

So you would have to do the same filings.From the State of Indiana website: "Every business has an ongoing responsibility to file regular business entity reports with the Secretary of State"https://inbiz.in.gov/business-filingsYou'll find more helpful information on the website.

Considering the fact that household debt levels are coming back to 2006-7 levels and retail is in the process of going down the drain, I think we’re going to see a reckoning in R/E and associated securities."

You are allowed to run credit reports on homeowners on notes you are considering, but you need certain things in a home office to allow that, otherwise a regular office is ok.