So the property owner must make sure they are aware of & are complying with all regulations related to their vacation rental property.It sounds like your neighbor did not conduct adequate research before offering their property for rent on the short-term market or else there were other factors involved which allowed the City to shut down the practice in your neighborhood.

When the appraiser conducts a Subject To appraisal, it is subject to the completed repairs that he is given by you.

Freddie, for some reason, probably a nefarious one, put the house up for sale before this inspection was conducted.

Some state laws have or allow for wiggle room in the issue of practicing RE without a license, operating in areas where wiggle room is necessary is not a professional way of conducting any business. :)

We just have to be committed in operating and conducting business in an ethical manner and look out for each other.

First you need some basic business consultation and you can get free advice from SCORE, google that and follow from there, probably have advisors near you.An LLC is sufficient to do anything any RE, the type of business structure has very little to do with the nature of business conducted, as a small business your considerations should be based on tax matters, ease of adminitration, flexibility to conduct business, ability to obtain financing and insurance and lastly liability matters.

The state commissions care nothing about these third party organizations.As a licensed agent in most states you have to hang your license under a brokerage to conduct business as a licensee.

SEC strict laws on marketing for investors.1) Syndication- setup an entity structure to pool Canadian investors or professionals to invest in a multi-family property with me managing the project.2) Meetups- conduct meetings on 'Retirement Planning' (RRSP- IRA equivalent) or "How to Make $s flipping properties in the U.S."

Probably not.I also see you are in the Republic of Cali, so what a judge may consider consideration may stem from some other aspect of the contract if adequate consideration was involved, but sounds to me like it's that ten dollars together with other good and valuable consideration thing, if the consideration recited is not sufficient for the scope of business to be conducted, your seller may not be bound at all

@Al Williamson Great article on how to conduct yourself while being an inner city landlord.