They are trying to pass a laws keep a database of all rentals, income, status (vacant/occupied), and mortgage info.

We have a lot of aluminum wiring through out SD and I do sometimes get called to pig tail all plugs out with copper in order to pass a home inspection.

I want to get an ARV and a repair estimate because if the wholesalers optimistic numbers can't even pass a 70% type test then it isn't even worth trying to figure out how off the numbers might be.

You have to know how to lay concrete to pass a real estate exam? 

So not a hard rule by any means but a good first pass as with all the other "rules", after which you have to actually start running some real numbers to see where you end up.

It a good enough neighborhood to attract a good tenant that can pass a credit check and background check, have stable income, and will pay their bills and take care of the home. 

But the same Uncle Sam was a big reason we had the crash.You cant pass a law and tell banks they have to actually make loans to unqualified people.

Some don't want to "trouble themselves" with taking a $500 real estate class and having to pass a test.

No state can pass a law that is unconstitutional even though California constantly tries. 

Now if a city could pass a ordinance the put landlords on the hook for providing housing for the homeless; genius!