The intention is to connect and share experience with other investors to learn from eachother.

What is  your intention with the property?

My wife and I bought a condo in 2015 in Farmington, CT with the intention of living in it.

And yet another, recording a memoradum of purchase agreement to cloud title and then not releasing the memorandum in order to hold the property hostage for a fee, is a serious legal issue.And another, signing a purchase and sale agreement without the intent or ability to close, is fraud.

Another thing to know is that there are many people who will be more than happy to assist new investors like you - but with less than fiduciary intentions.  

And our meetup are intentionally casual and roundtable in approach.

While I can understand their intention, I do think it’s unfair given that they’ll allow buildings with 5+ units to house share without the same occupancy rules.

The majority of advisors recommend that you hold property for either 12, 18 or 24 months in order to prove your intent to hold for investment purposes. 

As for the development fees/taxes, my understanding is that it only applies to new construction with the intention of selling or leasing should they not contain enough affordable housing units. 

If you intend to assign the contract and you're tying up a seller and possibly forcing them into foreclosure in the event you can't assign said contract, that's unethical and potentially illegal if your contract is not drafted properly (proper disclosures regarding your intent).