Sit down with your CPA and evaluate each property in your portfolio to see if you can restructure the ownership into a "Inter Vivos" (Living) Trust in compliance with these regulations.Please note that I will not go into a discussion on whether Garn-StGermain's intended protection should ethically and rightfully apply.But if you determine that on some of your holdings the restructuring makes sense, make the change on the Title.

@Keetaek Hong Sedona is aggressively pushing to have the state STR law repealed or greatly restructured. 

Seller is old and is looking to get rid of his properties so he can restructure his debt and pay off his primary residence and eventually retire.

The lenders involved that signed off with me on this restructure loan, did back down on the foreclosure proceedings, for 30 days.

The lenders involved that signed off with me on this restructure loan, did back down on the foreclosure proceedings, for 30 days.

I restructure the deal or I always find a common ground so I get the word- YES!!

When you buy a fourplex with tenants do you restructure the current leases with them or are you locked into the leases they had prior to your ownership?

Would I have to restructure that loan so that it's in just her name to take advantage of an FHA to buy a duplex?

I seriously would like to hear some ideas about how you might restructure anything you see as negative in PM.

Joshua, keep in mind that creative thinkers and good negotiators can arrange great deals on both the note side and RE side.Benefits of notes: true passive investment, no tenants, no property taxes, insurance, or utilities, ease of liquidity, ability to re-structure note thereby increasing yield, scalable.The cons of notes is the lack of ability to use leverage (it is possible, just difficult), once the note is paid off, you must find a new note to buy to replace the income, less tax benefits than holding RE, typically if you choose to sell the note, you may have to sell at a discount greater than the costs to sell RE at full retail.In my opinion, you should do both, not one or the other.If funds are limited, start with the RE holding, then find a note to buy.