If you are in a metro area, I would always make sure it works as a LTR as a worst case scenario that regulation shifts.

Personal residences or properties primarily held for personal use typically don't qualify for a 1031 exchange.Understanding state-specific regulations for like-kind exchanges is crucial.

New airbnb regulations obviously, but anything else? 

Lastly, don't overlook any local regulations or HOA restrictions if any.

It's standard house hacking procedure every year.

Hi All,Question for you pros, and maybe I'm thinking too deeply on this, but does Dodd-Frank (or its attendant regulations) set any restrictions on purchasing mortgage notes, or only on loan origination? 

In addition to finding good software program that meets your needs, I encourage you to get your "legal ducks in a row": e.g. landlord forms library, educational resources, lease agreement and addenda, and operations practice and procedures and policy manual.

However, the particular property that this tax sale I was referring to is located in Allegheny county where the procedure appeared to be the latter judicial sale.   

(If your project is primarily housing or incorporates housing specific funding sources, you will need to apply through the Department of Housing rather than through this program.)The funding sources that a project can receive include the Chicago Recovery Plan (CRP), Housing and Economic Development Bond (HED), Neighborhood Opportunity Fund (NOF), and Tax Increment Financing (TIF) which have all been combined into a single, streamlined grant program with unified rules and regulations.

Congratulations on your inaugural post – it's like your first step on the moon, but with less risk of tripping over a rock and more about not tripping over real estate regulations.