Bad for consumers.

The HUD inspection guidelines are built around safety & health. 

@Adeeb Shaheer you aren't going to get through this script with most agencies, particularly in health care Q1 is good to ask for health care Q2 for health care is typically 13 weeks so skip it. for other groups it is worth asking Q3 is typically no for health care, these days at least.

I feel like a lot of people work property management up to be a super time consuming thing, but with the right tenant in place, the right team on the ground and some software to manage things, it can be done from a far relatively easy. 

It's interesting that the DOJ says they want to protect the consumer, but the action they are taking will lead to mandatory buyer agency agreements and will likely lead to a rise in cost to the consumer.

The FTC enforces CONSUMER PROTECTION LAWS. 

I would think more so if you are buying out of state... it will be very time consuming to have to go search for all your trades and services. 

Then out of the portion they keep, they pay income tax, E&O insurance, health insurance, MLS dues, NAR dues, continuing ed, marketing, car insurance and maintenance, retirement fund, etc. then live off of what's left.

According to Experian "78% of U.S. consumers' FICO® Scores are higher than 620." 620 is objectively a very bad credit score with a high probability of delinquency.For my rentals, 700 is the minimum and any applicant with lower credit score will need someone else to serve as a personal guarantor.

My answer for consumer clients is different.