From residential property management to commercial real estate transactions, the ripple effects of enhanced data privacy regulations are creating both challenges and opportunities.A Global Push Towards AccountabilityThe call for stricter data privacy laws has been brewing for decades, but in the wake of high-profile data breaches and scandals—such as Cambridge Analytica and the Equifax hack—governments around the world have made privacy a priority.

The biggest challenge I can see for this is that I hear it's a pain in the *** for the seller to go through a local community bank and confirm their income for their approval for a mortgage, and there are local/community banks that will approve 95-100% LTV loans based on how profitable the deal is.

Bridging a funding gap in situations like this can be challenging, but there are several strategies you might consider:Bridge Loans: Short-term bridge loans can provide immediate capital to cover the funding gap until your other funds become available.

You're absolutely right, creativity is essential to make deals work in this environment, and building from the ground up, especially in high-demand areas like Raleigh, can be a great solution.Your current project sounds like a smart move, particularly with the zoning for a duplex and ADUs.

I do this because sellers are going to offer 3% (they are in my market), and if I signed for less, I could not get the overage.To secure my buyers in this new environment, I made a 27-minute video going through the whole agreement and pointing out the things to beware of.

Challenges?

Biggest challenge is to network to build relationships with rehab facilities, detox centers, IOP/PHP clinics.

The year I flipped homes was some of the most challenging, fulfilling, and genuinely fun time I have had working in my career so far. 

Another challenge is the large trees in the front.

I am doing a lot of reading and research here while working full time and while real estate investing seems like a daunting challenge I am looking forward to getting started.