While raising capital, do we have to ensure that the investors are accredited? Per the SEC website, some of the qualifications around such an investor mentions a requirement of more than 1M as net worth. Do we ask these question while screening our investors?

I’m focusing on multi family properties with 12-25 doors. I have target to acquire 400 in 3 years. Focused on Lancaster and surrounding counties as shown below. My in-laws retired in Lancaster so I have a place to stay when I need to make a trip out there. I’ve been working hard and building the team. I have 3-4 really good brokers sending me leads, an attorney, 3 good property managers, a settlement agent and two lenders—all of whom I’m meeting for first time next week for coffee / lunch during my first visit to build the relationships. Looking for class B or C properties that can immediately start generating cash flow as my consulting contract ends April 30, 2024 😬

4 coffees 1 happy hour 2 lunches 1 dinner + after dinner drinks 1 property viewing + 1 pending Saturday 1 exploratory call with listing agent 3 properties underwritten …all packed into Tuesday and Wednesday. Needless to say I’m exhausted. But it was fruitful and very rewarding. Momentum building strong and I’m loving this! Have a good rest of your week everyone!

I read this tonight and just had to share. How appropriate for what we’re all building. ————————————————————————————— “In 2002, Charlie Rose interviewed Will Smith on his television show. During the interview, he tells a story from his childhood about his father asking him and his little brother to rebuild a 16x30 wall on the front of his shop. The task was understandably daunting for the two boys: "I remember standing back looking at that wall saying, there's gonna be a hole here, forever." But a year and a half of daily work later, they completed the wall. Reflecting on the experience, Will Smith offered a piece of timeless wisdom: "You don't try to build a wall...You don’t start by saying, I’m going to build the biggest, baddest wall that’s ever been built. You say, I’m going to lay this brick as perfectly as a brick can be laid...you do that every single day, and soon you have a wall." This is a powerful reminder for life: No matter how big the task or project may seem at the start, you just have to lay one brick. The wall may be daunting, but today's brick is all that matters. Extraordinary results are simply the macro result of tens, hundreds, or thousands of tiny daily actions. Remember: Small things become big things. So today and all days, let's lay one brick as perfectly as a brick can be laid...”