In the meantime I would love to have some helpful information or ideas to share with the buyers when we meet and ideally an agreement/contract we could fill out together once new terms are agreed to and then share that with the attorney so he could draft up the formal instrument for recording.If you have experience with this type of scenario, I’d love to hear any recommendations you have or any helpful resources you could point me to for the appropriate paperwork.Under foreclosure laws, you have to send appropriate notices and try to work with the borrower and offer a loan mod before foreclosure anyway. 

Rent control laws are market specific.

Favorable Legal Framework for Foreign InvestorsGermany offers a straightforward and investor-friendly property market, with laws that protect the rights of both local and international investors.

I live in Tacoma, WA…a lot of folks don’t want to deal with having to learn the local housing laws.

Of course, with all things, the answers to all these matters will depend on the circumstances.California tends to have more laws on the books and requirements and restrictions that it can be a good idea to form a CA LLC for out of state property so that you as a CA resident are covered, and to try to have your contracts fall under the purview of CA courts.

The reason is that one wants to be able to properly avail themselves to the laws and protection of the corresponding state where the property lies.

I am searching through all the BP threads trying to find the best fit for me in terms of asset protection/law/CPA firm that specialize in real estate investment and have narrowed it down to Anderson or KKOS/Mark Kohler.

With California’s tough landlord laws, I can see why you’re looking for more landlord-friendly areas.

Hotels are definitely not fans of STRs but it is regular people and safety officials that are pushing for these regulations. 

Tax-Exempt Bonds: Tribes can issue tax-exempt bonds for certain types of developments, reducing financing costs.Challenges: Projects often need to be structured as joint ventures or leases with the tribe, and compliance with tribal laws and federal rules is critical.