Obviously, legitimate wholesalers, who abide by our forum rules, use the messaging systems appropriately, and do not pretend to be investors when contacting professionals in our network, are welcome and encouraged to carry on.

It started as a goal, turned into a rule, now it's a law I very happily live.

If you violate any of these rules you could blow up your IRA or 401k and the IRS could force you to distribute all of the assets in the IRA or 401k.

If you hired an agent or a broker to work with you, you'd be covered - but regulations & laws vary from place to place.Screening is best done by establishing a set of guidelines to qualify applicant tenants, then sticking to those rules to avoid legal issues (and for your own sanity).

Mind Excess Business Loss Rules.

I'm a licenced Broker and I also handle project management for flippers, contractors, etc.FEMA 50% Rule: ALL of the homes that exist in a Flood Zone have a 50% limit on work that can be done to repair them without bringing them into compliance with current flood standards.

There are plenty of ways around an HOA but they tend to break the rules that you committed to following.

By the way, 3 of the 4 have been rented since I owned the property so yes I suppose the 75% rule could apply then.

Second, I'm a rule follower when it comes to permits.

She works her butt off, and seems honest and straightforward.