I can assure you everything I mentioned above, though grossly paraphrased, came from our lending attorney – the good one.Finding a good attorney in this business is crucial to navigate the minefields, and I agree that it must be done state-by-state.

What you're trying to do can be done, but there are lots to navigate.

The web sight is a little difficult to navigate on an iPhone. 

Just like in US , there are few residential complex that the complex is owned to housed South Korean expatriate for family.

That one has been the trickiest to navigate as we grow but we do our best not to commingle funds, I just don't like that idea.As for security deposits, the owners open them up and when it comes time to send it back to the tenant, the owners transfer the money back to us and we disperse the deposit and deduction list (if any).

Property was a (1) small mobile home park...land and trailers, (1) house and (1) mobile or RV ready rental  lot.  Of course I would like to keep some of the proceeds but...looks like I need to reinvest the full amount...

I had a gut feeling that this was too good to be true and I am peace with my decision.As of now, I am all over the place in trying to get a solid team to help me navigate through all the wooden nickels and find a solid deal.

Originally posted by David Beard:Aside from the 'insurance contract' angle in these things, I'd still stay far, far away from equities... and bonds for that matter, for the next several years, until average have experienced some mean reversion.http://www.economist.com/node/21532276That's a depressing article, although I found it very informative and potentially useful as I attempt to navigate the next few years of my financial future.So, by my tally, one person has actually purchashed an EIUL and he's happy with it.

It's a tougher course to navigate but the ability to refi is so hard to predict that you're much better off with a plan to simply divest paid off properties over time.

A lot more Japanese and Korean companies are moving in.