Really, Car dealers and car repair shopsTax servicesTitle loan and small personal loan co.On another platform;Title companiesInsuranceMortgage BrokersBanks Probably the most popular areas....

That would be like ignoring the boarded up building next door with all the graffiti and drug dealers hanging out.The deal must include the ability to find and keep decent tenants. 

Some of his advice, like buying high cost, actively managed mutual funds from his endorsed local providers who are paying him affiliate commissions for every lead they get from him, are terrible ideas.  

I'd say there are no issues on this end, unless you want to have a foreign affiliate entity that is consolidated with the domestic entities.

I suggest them to you because this firm is affiliated with KKOS Lawyers, a law firm that Kohler is also a partner in, and Mat Sorensen, another partner at the law firm, literally wrote the Self Directed IRA handbook. 

The seller may have an exemption as to high risk loans not being a dealer, we don't know that.

Then you get contacted by the Feds to find out he is the largest coke dealer in the state, but none of that showed up on the background check you ran.

Checkout Zen Business for an easy and affordable site to create an LLC (not affiliated) 

They could be borrowing the money for the down payment, or they could be drug dealers with illegal money, hard to say!

@Matt W.It’s so tough today because a sponsor could have done 10 deals the past 4 years and looked like superstars and now their deal is losing money left and right because of their inexperience in this type of market (let’s be honest a person in a coma would have made $ when we print $5 trillion).Some things to ask for and understand :Track record verification reportAudited financialsKey man policiesDo they have D&O insuranceFee structureLoan terms Capital stack (where are you)There are a lot more than this.Also another thing some people do is hire a broker dealer who has vetted sponsors to invest throughThose B-D’S do get paid by the sponsor not you but also fall under finra and will get sued by the investor if they were to invest in a Ponzi