Seems like another city council exceeding their authority as they often do, telling an owner they must participate in a HUD program, while HUD can't even make that requirement.Seems the city can have another agenda, housing standards coming under the PHA's inspection authority so that the city avoids some of the building regs functions, it could be a burden to the Sec 8 folks who won't have funding for the additional regulatory oversight.

Might be true, but I suspect that there are indeed attorneys and CPA's on BP who are qualified to both give their opinions and support their opinions with relevant citations to statutory, regulatory and court authority. 

Good job regulatory bodies!

My training certainly gives me a great understanding of construction, scheduling, knowing the regulatory process, as well as the ability to design something that will sell quickly.

The U.S. and developed world in general are undergoing substantial regulatory constriction, corporate consolidation, & demographic decline. 

I also 1031’d my mother out of a 3CAP 4 plex in Berkeley (talk about regulatory market) into a 12CAP 10 unit here in Denver a couple of years ago.  

ValuePenguin is a good source for the relative cost of insurance by state.Operational Costs - Costs like property taxes, insurance cost, state income taxes, regulatory costs (ex: time and cost to evict), inspections, rent control, etc., have a tremendous impact on your return.

Hi Karen,I'm not surprised that a State regulatory agency would discourage options.

I'm rather astute in RE financing and regulatory matters and I would not attempt to put a syndication together alone.I suggest you investigate a small C Corporation instead for larger RE projects with less than 24 (as I recall) shareholders.

For regulatory purposes (i.e. accredited investor) there are some exclusions for instance your primary residence doesn't count.