In law school, contracts is a one year course—for good reason.

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@Kevin Hintz yeehaww interest rates are lower and saving account growing for capital and I have chosen couple of class A and B neighborhood in Myrtle Beach, SC and the Washington DC areas to buy from; also met some realtors and getting familiarized with those area landlord/tenant laws. 

If it says they are supposed to stay for a year, then they are supposed to stay for a year.Regardless, you should follow the law.

The issue is that if you are not licensed (if no NMLS number= no license) you cannot by law do an owner occupied loan therefore you do not know that the credit report means nothing when it comes to actual debt.

This law is currently in effect--you must disclose.https://www.forbes.com/sites/joshuastein/2021/02/18/new-federal-law-requires-llc-disclosure/

One area I am going to spend more time evaluating is the new ADU law in Mass.

you giving way to much benefit of the doubt to the realtor. especially new builds and salaried employees it's a whole other animal. thanks for the law brush up

Hi Marcus - QI puts the law that are favorable but not to this extent.Point 1 - Could effect your LLC protection statusPoint 2 - What if QI makes an error?

Understanding local laws, tenant regulations, and tax implications is also crucial.