Albritton said the first phase of the crackdown - going after those people involved in getting fraudulent loans - ends in October.

That's what the IRS is trying to crack down on, poorly informed people thinking they can have access to their retirement funds for 60 days instead of it being time to receive a check and deposit it at a new custodian, which the IRS intended. 

You could do an installment contract with a change to the default provisions and perhaps having options with foreclosure, but doing that, you might as well do a note and deed of trust or mortgage.Deals to the poor in C areas will probably lead to problems, there is a crack down on predatory lending regardless of what the deal is with small borrowers.Most any installment deal that was done 3 years ago is most likely illegal now if the laws apply to that borrower or property, much less the deals done by old timers that have been done for decades, those are pretty much out the window.

Since STRs are illegal in that area, by accepting them you'd be opening yourself up to fines from the local jurisdiction if they chose to crack down on STRs while you owned the property.  

One of the items is for a large crack on the stovetop and there is a crack down the middle for both of the refrigerator interior drawers.

One day the banks or government may crack down, but for now it is a widely acceptable practice (at least in province of Ontario anyway) that he has laid out.  

A loan officer actually told me that since the crack down on the  industry there is a strong possibilty that there would be someone checking up on the property to see if was being used as intended.  

Just awful business all around and I wish the state would crack down on it. 

Put the tenant on notice and check up on them to ensure they are not letting the problem happen again.https://codelibrary.amlegal.co...Misdemeanor is pretty harsh, so it leads me to believe this is not the first offense or they are trying to crack down on out of state investors.

Doing this medium-term rental took this property from not cash-flowing to cash-flowing by a lot.I think this strategy is great for Austin as they crackdown on STR in residential areas.