If it cannot be restored to its original condition then I would dock their SD or charge the rental account.Of course, that is my interpretation.

If I fix the problem on my own, I can not charge for my own labor.By extension, I also interpret that to mean that even if I outsource the repair work, I can not add a "supervisory fee" and mark up the charge to the tenant.Let us know what your attorney says.

Wow, this is really scary...This is one of the most illogical discussions I've had here, and I don't know what to make of it (after some seemingly logical discussions with you in the past).If you want to believe something is true because of a single Internet forum post and an illogical interpretation of cause and effect from a newspaper article, I guess I shouldn't bother arguing.Sorry, I can't have this discussion anymore.

I think you are confused because you are interpreting the denominator in the formula you provided as "Purchase Price".

Oh I almost forgot liberals interpret the Constitution and us Conservatives take it literally and totally believe in its strength and infinite wisdom.

src=/program_offices/housing/rmra/safe/sfea You can view the act itself by clicking the first link "SAFE mortgage licensing act"Here's the HUD site that interprets the act and lays things out a little more clearly:http://www.hud.gov/offices/hsg/ramh/safe/smlicact.cfmYou can see in section B where it defines who all is not required to be an RMLO under the SAFE act.

They pass judgment of the interpretation of the law and how it applies to your business venture - sometimes the final judgment.Including them is a critical part of success.

I am not sure anyone is drinking kool aid;) I understand you are interpreting this thread that way but I don't see any post being unrealistic. 

At least that is how I interpreted it!.

Louis is different than Jeff City, Springfield or K.C. all real estate is local, meaning the interpretation of regulatory matters can be different, St.