Running an Airbnb is work, and you e got to know the laws so you do it in a city with some regulatory certainty.

Hello,Several issues before water sub-metering: 1)Does your state allow sub-metering and billing residents for water/sewer use, GA does;2)Are you going to read/calculate bills/ collect for the sub-metering, if so be sure your lease are correct; 3) If billing your residents, You will or are fulfilling ALL regulatory requirements, usually dictated by the Utility Commission in each state.;4) Numerous meters are available from simple manual read meters @ $45 to RF -Cellular meters @ $150 or more (noting some RF meters utilize propitiatory remote reading capabilities owned by the reading service)5) if a third party billing service is used, the billing fee typically is paid by the resident (not  the owner)6) After sub-metering a 25 to 35% water/sewer savings is typical,  it's a no brainier, so just do it.We're hear to answer your sub-metering questions.Dan Helton

To get the other units occupied then there would be regulatory approval after inspections and it would have to be incompliance with all current rules...zoning, egress, parking, everything. 

Hello All,I'm curious to know if you wanted to start a Limited Partnership to invest in notes and/or tax liens, is that something where you would need to register with the SEC or some other regulatory body?

While there may not be any regulatory implications, you are effectively dealing with contract law.

Every state calls/classifies different care facilities by different names - in KS we have SNF (Skilled Nursing Facility, Rehabilitation Center, ALF Assisted Living Facility - under the ALF umbrella - we have Residential Care Facilities and Home Plus as well -- all of them have their unique regulatory quirks.  

Up in Summit County they had a moratorium for awhile then began issuing permits again with more rules and restrictions plus higher fees and taxes (for example in Dillon that you mentioned they have a $700 annual fee plus a 5% excise tax, you need a local agent to be on call 24-7 in case of emergencies (i.e. noise violations), there are occupancy limits, etc.) so you'll want to start by narrowing down your search a bit perhaps based on the regulatory environment.

Does anyone have advice on any regulatory implications this may have?

But at the same time, I still say getting your lender's licence, figuring out the contracts, regulatory compliance and gaining a basic understanding of finance in areas such as LTV, interest payments, payments in kind, origination/ticking fees, etc....all that stuff is still 100x easier than wholesaling.

Lenders have regulatory leashes now, b/c they went unregulated and became incredibly predatory on the public - The ‘06 (and beyond) debacle nearly took us into a depression.