Find a good one and establish a relationship and you can probably accomplish your goals with less regulatory hassle, and less idle capital sitting in the bank earning nothing while you wait for your loan broker (or your marketing if you become the broker) to find you the next deal.

You really need too ask an attorney familiar with lending regulations in your state, better yet, call the state finance department or state banking regulatory department and tell them what you are planning, in detail and they will tell you what you need or how to do it.

There are federal regulatory issues for utility providers.

Gambino was a regulatory lawyer for Deutsche Bank and was discovered dead at his New York residence after taking his life last week.

James, I agree with Jeremy....check with the Indiana Utility Regulatory Commission to determine whether there are state laws that address the submetering of residential water/sewer service before making the changeover. 

•Commercial markets sales volumes grew double digits percentage wise •Normal seasonality in housing sales sees a decline from July to August and from August to September, but just the opposite happened as sales volumes trended up in the fall •Demographics make the U.S. different from most developed countries, as the U.S. is growing in population rather than shrinking •Demand for housing continues to outstrip supply as the U.S. added more than 2.6 new jobs per new dwelling unit built in 2014 versus the normal 1.25 to 1.5 new jobs per new dwelling •Residential and commercial rents will continue to escalate Challenges in 2015 include: •Rising interest rates •Escalating construction costs •New residential closing disclosures and documents •An income-challenged Federal Government •Ongoing and growing regulatory requirements impacting real estate •Stalemate in Washington, DC Opportunities in 2015 •Rising new and existing home sales – ditto prices •Robust investor demand for commercial properties •Continued rising residential and commercial rents •Highly affordable energy costsThis is FREE to members.

Louis is different than Jeff City, Springfield or K.C. all real estate is local, meaning the interpretation of regulatory matters can be different, St.

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As @Karen Margrave stated zoning, environmental and regulatory issues make it difficult for the newbie.Some zoning is anti-development. 

I'd instantly agree that anyone PROMOTING self directed IRAs should have some heavy regulatory scrutiny.But someone that does the research and decides that this is how they want to structure one component of their retirement plan... is probably a pretty smart cookie IMO.So, I suppose with that being said, I wouldn't object to some form of reasonable education + test requirement.