Yes there are some state specific languages but its rare on how they dictate JV's.

You can dictate the day and time your contractor shows up to fix the emergency.  

@Denise Lang some copy & paste thoughts:TYPES OF RENTAL INVESTMENTSRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

While it is good that she has all these resources, I would never let my Realtor dictate the course of the deal.  

PML is not some putz that you're gonna dictate to as far as terms and structure. 

@Saul Clavijo make sure you understand you will be getting into Class C properties at those numbers.Food for though below, DM us to chat more about Detroit:--------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

For FHA 203 loans, you are allowed to not live in the property while renovations are being completed, so long as the renovations dictate that you cannot/should not live in the home.

The loan programs of your buyers will dictate how much of a credit you are allowed to apply to their closing but it certainly helps to move inventory when you offer an incentive. 

And a little update on your grand-plan that CA needs to go hardline communist, take all the property and dictate what if any compensation for such will come, some day.....

SFR prices are dictated by owner occupants, who are happy to overpay as a lifestyle decision.