Otherwise continue to risk your business and personal finances on top of a potential prison sentence...Kudos,Mary

Most states have prescribed fines that are not minor, and the possibility of a prison sentence is not out of the question.

MA is notoriously tenant friendly so I would not be surprised if it was not illegal.Back you the question of cost.

The reason I say this is because Condos are notorious for additional fees/special assessments.

Mortgage fraud is typically charged as a felony offense, but misdemeanor crimes are possible in cases where only a small amount of money is involved, typically less than about $1,000.Prison.

Financing can be harder there because appraisals come in notoriously low.

I had a good friend who was trying to fund a gold mine purchase with private in esters and when the deal went bad and the investor lost the money the courts said he was selling securities without a license and some other stuff and sentenced him to 14 months in federal prison I would really like to avoid that.

There are two other issues, at minimum: 1) Proceeds going to a person in jail or prison.

@Girard Curry, I am a "buy and hold" guy so i am defiantly not a subject expert on this, but i can easily imagine that some of those "investors" who are contacting me about my rentals from CL are going to end up in prison, thanks to the new Dodd/Frank guidelines that became the law as of 2014.IMHO, a great example of this would be that some of these folks are still offering lease option with rent credit, with "in house closing" and that part is widely known now that sort of a behaviors could land you prison not just here in MD but in all states of the good old U.S. of A.ps.

People in my parts are notorious for spending more than they earn and quickly needing to oust themselves of automobiles/housing. and then the same people show up a month later with a shredded credit score needing a place to stay, thus presenting themselves as a prime rental candidate.