Good thing to remember to check:
So, one of your best friends has found a property to buy. It’s a great deal and all he needs are some friends to invest some money. So, you put up $20,000 and wait for your share of the rent checks to come in. Sounds simple. Chances are, however, your friend has just violated NC Securities law against selling “un-registered” securities.
via Real estate can be good investment | Hickory Daily Record.