He disclosed that he has a medical marijuana card but would only smoke outside. 

Do these messages disclose that you aren't speaking with the actual owner if you aren't? 

When the rent rates stabilize, I suspect they'll bring it back.I wouldn't try it in a location like Portland, but 99% of the country would be fine with a policy like this as long as it is disclosed and applied equally.

That should have probably been disclosed to you prior to purchasing.

It's not even disclosed that the note is convertible, which is required by law.

Your debt is easily found, I suggest you disclose the loan. :)

Unfortunately, none of these idealistic procedures were disclosed or followed from the beginning of my journey.

Verify its condition and ensure the seller discloses any known issues.

The SEC attorney I've been working with advised that I would just need to disclose in the PPM that 100% of the capital would be used by my LLC.

They are designed to protect the seller (I have disclosed this), but not to substitute an inspection by the buyer.Sellers can only disclose what they have knowledge of.