Hi Jorge - I cant answer most of your questions but I have managed properties in the city of Philadelphia and it is its own realm in regard to the requirements and regulations. 

These are the type of thoughtful, non-combative responses to LP questions and comments that all GPs would benefit from reading - and putting in to practice. 

We have been flipping for about 10 years in U.S and we definitely understand that there may be many rules, laws and regulations limiting the ability to flip for a profit worth the effort.

Especially that last sentence.His is not really an ethics question but more of a business fair practice question...

I'm new to the real estate investment world, and I have a desire to learn more about the best practices in the market.

Unfortunately this is a buyer beware situation and predatory business practices are legal.

Is this common practice or does it at least seem possible?

Adhering to the listing agreement solely, the way most are written, without the neighbor excluded in writing….the agreement will say agent B is owed a commission,…period.But from a practical point of view, with past and future business with developer, the agent will/should likely say…”okay, no harm no foul” since the neighbor has been in contact with the seller for years.

You can find loans anywhere between 0-5% down depending on your individual circumstances. 4) I am unfamiliar with jacksonville laws and regulations, but in general, a property with unused space is ideal for these conversions.

I can see the arguments from both sides and am curious to hear how others might adapt their business practices if such a law is enacted in your state.Interestingly, South Carolina just implemented a similar requirement last week, and it seems like more states may follow suit soon.What are your thoughts!