(All other farm tenancies require six months’ notice before the end of the lease year.)In tenancies for a definite term (no provision for renewal), notice in writing must be given at least one month before the end of the term;In tenancies at will (no fixed term), one month’s notice must be given in writing.The notice periods listed above are the minimum periods required by law if the landlord is to be eligible to seek assistance from the court in evicting a tenant who does not comply with the notice to leave (a tenant "holding over").Read the Law: Md.

Care must be given of course to avoid or comply with related party issues but it does provide a cleaner demarcation for intent purposes.

The conversion is at the cost of the homeowner, and can be mandated by the city to comply.  

If you are planning to issue securities, the SEC is usually somewhat extremely emotional about the issuer ascertaining that the offer is only to accredited or sophisticated investors.Although some securities may be exempt from registration, open solicitation however typically requires the issuer to both register the security with the SEC and also comply with whatever specific stipulations that they deem necessary in order to solicit openly.

Specificially, you should cross out a portion of the first sentence of section 15 and replace it with some other language, so that it reads: “If Buyer fails to comply with this contract, Buyer will be in default, and Seller may (a) enforce specific performance, seek such other relief as may be provided by law, or both, or (b), as Seller’s sole and exclusive remedy, terminate this contract and receive the earnest money as liquidated damages, thereby releasing both parties from this contract.”

With all that said  each state has regulations, you have to comply with.

To properly structure a private offering and create the proper disclosures to comply with SEC regulations you would have to pay a securities attorney more than a small fix & flip deal is likely to support. 

I'm assuming I would likely have to remove the stove and fridge to comply with single family code, and the go about the process of permitting an ADU the right way. 

Plus in order to comply with DF I'm not sure i could hold any of the option fee to be applied to a down payment in a year.

Do it properly, and make sure you have paper documentation and photographic trails to demonstrate you complied just in case your EX decides to get back at you with a lawsuit.