A summary of the changes can be found here:SEC Staff Recommends Updates to Accredited Investor DefinitionWhat's good:You can now take a test to qualify under the proposed rulesThere seems to be some critical thinking about the thresholds and indexing them to inflation instead of picking an arbitrary number and leaving it staticThere seems to be some critical thinking about who can invest whatThose with experience in private deals can exempt outWhat's bad:It seems hard for portals or funding platforms to implementWealthy investors are capped unless they make over $500k annually or have $2.5M in net worth

I would get an FHA (3.5% down) and move in as primary residence.  

I quickly realized that, if played correctly, the real estate platform could provide a solid foundation of wealth for many generations to come, while simultaneously producing cash flow today and allowing me to retire early.

@Jim Adrian thanks, yes you're right. i wouldn't buy it how it is now for my primary residence. renovations for a lot of people are a huge pain too. i appreciate the feedback.

I was also mistaken about the length of time you needed to reside in your primary residence to not pay capital gains (I thought it was >12-months).

@Alexandra Gortchilova you might want to consider crowdfunding platforms as an opportunity  to get into the money lending game.

I have flipped one, (my primary residence) and made some very solid money on this house, about 40% profit.  

Our primary focus is commercial buy and hold but we also have a budget set aside for residential flipping projects so that we may hopefully free up some of the capital tied up in long term deals.

I have a primary residence and am looking to purchase my 1st investment property pretty soon.

We were planning on making this a primary house so we really wanted it but it needed some repairs.