It would appear that to be an instructor for LSA aircraft you do not need to hold a Commercial License nor a Class 2 medical. Can you still charge for instruction? Am I missing something?
"If You Are an FAA CFI and You Want to Train Sport Pilots and SP CFIs:
1. Hold a Current and Valid CFI (Valid Pilot Certificate, Meet Currency, Hold Appropriate Endorsements)
2. Appropriate Category and Class Ratings in LSA (5 hours PIC make and model within a “set” of aircraft additional Category and Class Privileges Endorsed in Logbook)
3. U.S Drivers License or FAA Medical (If acting as PIC)
4. Provide Training in only FAA Certificated LSA
5. Comply with all Sport Pilot CFI Privileges and Limts."
"If You Are an FAA CFI and You Want to Train Sport Pilots and SP CFIs:
1. Hold a Current and Valid CFI (Valid Pilot Certificate, Meet Currency, Hold Appropriate Endorsements)
2. Appropriate Category and Class Ratings in LSA (5 hours PIC make and model within a “set” of aircraft additional Category and Class Privileges Endorsed in Logbook)
3. U.S Drivers License or FAA Medical (If acting as PIC)
4. Provide Training in only FAA Certificated LSA
5. Comply with all Sport Pilot CFI Privileges and Limts."