Minimum Requirements

Auction Process

Investors

We are not requiring investors to be accredited. The reason is that we believe these investments will not legally be classified as securities, and thus would not be subject to that body of law’s requirements. Our reasoning is that securities law applies when investment is made into an enterprise whose success depends on the effort of others. We have designed an investment contract that, when executed correctly, does not depend on the effort of others. Or, for that matter, on the efforts of anyone. Property income is not allocated to investors and investors’ would-be gain or loss from owner-caused improvements or damages are entirely offset.

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