Legal and Regulatory Compliance: - How do you stay updated on local laws and regulations affecting property management?

@Kevin Hintz yeehaww interest rates are lower and saving account growing for capital and I have chosen couple of class A and B neighborhood in Myrtle Beach, SC and the Washington DC areas to buy from; also met some realtors and getting familiarized with those area landlord/tenant laws. 

If it says they are supposed to stay for a year, then they are supposed to stay for a year.Regardless, you should follow the law.

you giving way to much benefit of the doubt to the realtor. especially new builds and salaried employees it's a whole other animal. thanks for the law brush up

This law is currently in effect--you must disclose.https://www.forbes.com/sites/joshuastein/2021/02/18/new-federal-law-requires-llc-disclosure/

One area I am going to spend more time evaluating is the new ADU law in Mass.

Understanding local laws, tenant regulations, and tax implications is also crucial.

Hi Marcus - QI puts the law that are favorable but not to this extent.Point 1 - Could effect your LLC protection statusPoint 2 - What if QI makes an error?

The issue is that if you are not licensed (if no NMLS number= no license) you cannot by law do an owner occupied loan therefore you do not know that the credit report means nothing when it comes to actual debt.

No smoking in common areas is already law so you are just enforcing withing the unit which is at question here?