Is it a publicly owned road?

SEC attorneys do all this for you.http://www.syndicationlawyers.com/Cost you $8k to $13k for the PPM.I know of NO other way to market in any public way for funding!!!

Given the FTC has a standard in place to cover this issue, RCG cannot understand why new and additional regulations and regulators are necessary to protect the public in these areas, but can see additional cost and burdens for these small lenders. 

I suppose if you were looking to abscond with the money of your friends, you could create an LLC, pay yourself an exorbitant salary and then fold up the tent when the investor funds run out ;)  Since you probably don't want to do that, just put together a good agreement that protects everyone.

After all, if it's listed, then it's publicly advertised and available to anyone. 

Google the "tenants in foreclosure protection" as gar as CA state laws.  

PMI reimburses the lender if the borrower defaults on the mortgage so it protects the lender.

Protect your investment and fix the water and foundation problems.

Will that really protect myself from getting the deal stole from under me? 

There is some debate as to what is the best way to purchase the property to protect your personal assets.