Understaffed governments don't have the manpower to look for these problems.

I know some state and local governments have laws on STR and of course thats a important factor.

Go through your local SBA and/or government websites to obtain the proper documentation and do it yourself.

The Weekly 3: News and Data to Keep You InformedThe Federal Reserve does not care about the election.

Your local government is there to assist you on questions exactly like this one.

This thread has instilled the fear of gov (like fear of God, but with the government) regarding being audited.I think I understand what activities count towards REPS hours once I own a property.As a followup to Becca's post above, I am looking for clarity on activities specific to a property before I close its purchase. 

There are safe financing choices for real estate ventures, including seller financing, hard money loans, private loans, government-backed loans, crowdfunding platforms, and traditional mortgages.

Building in 6 months would be a tough job for me so I’ll just find another way to keep my money from the government.

Their expertise can help you make informed decisions.Insurance: Obtain appropriate insurance coverage for your properties to protect against risks such as property damage, liability, and loss of rental income.Legal Protection: Understand local laws and regulations governing real estate investments.

You file Articles of Formation with the state, get a Federal EIN and a bank account.