It's not professional for me to speak badly about another Philadelphia Property Management Company; but we have taken over clients from these guys....and I just hate, absolutely hate to see this stuff.Property management is regulated and a licensed activity.

Manufactured Housing Dealer licenseEach state is different but being that California is California and is know as one of the most heavily restricted states not to mention so left wing tenant friendly states, it wouldn't surprise me in the least if there is all kinds of regulation against what your trying to do.

Tell them you are sorry, you weren't aware of the regulation, and you immediately removed it.

@Matt Kitchen When  person dies their assets and debts go through a state or county regulated process prior to distribution. 

The only major downside is that by being licensed, you are now subject to the rules and regulations of your state's licensing board, so this exposes you to more scrutiny and you have to abide by their rules.

By exposing it so broadly you may find a solution that works for you or you may refer the deal to someone else who has a solution and get paid a finder's fee.All of the states have different regulations as to "finder's fees." 

Refinancing and paying off that FHA loan as well as pulling all my cash back out from the rehab and hopefully more, does this work this way or is there some rules or regulations on this specific kind of thing that would prevent me from doing this?

Having a good contractor (on the team or not) is essential to avoid this.I’m not sure about your State, but you should be clear about general contracting rules and regulations, length of liability, license and permit requirements, etc. before you start flipping OR make sure these responsibilities are included in the list of responsibilities of your contractor.If you’re going to partner with a contractor financially (equity share) and you both create an LLC, I’m not an insurance expert nor lawyer, but I would be clear (signed/notarized documents) about who is doing what within the Partnership Agreement.

I understand what the regulations say, my question was more directed to the enforcement of said regulations.

Most have knowledge of out of state regulations and it'll be easier to find someone with RE knowledge as well.