The odd thing about the NCREC is that the mandate a school must have a 70% pass rate yet many of the schools the approve fall short of that.  

There's not a state mandate, just what the lenders require.

Hi newdreamer,You don't need an attorney to set up an LLC, but if you need advice on whether or not forming an LLC is the best choice for you, or if you need special provisions in your organizational documents (provisions that deviate from those that state law mandates), you should consult with an attorney.Otherwise, you can do it on your own directly through the state or use a specialized document filing service like mycorp (mentioned above by Joseph) and save a lot of money compared to what an attorney would charge.

Also where I own a majority of my units the city has recently mandated backflow valves (fairly expensive installation) with yearly inspections (close to $50 per valve); who could have seen that one coming?. 

Now my state mandates another fee of $500 to the broker.

. - Do you ever purchase REOs with HomePath loans, and if so, do the listing agents mandate a buyer's agent?

He inspected it as though it was on permit, but did not mandate it being on the permit (example drywall, new electrical in places other than new bathroom, etc).   

(for example)  If you use term leases, send the notice of the new rent amount 60 days prior to the end of the lease (or whatever your state law mandates), so your tenant has time to evaluate their options.   

@Kenneth Reimer, I can actually tell you more about Dunedin, New Zealand, than either Tulsa or Contra Costa :) But NZ now mandates a 40% down payment on investment properties so I don't want to invest there.

I have heard some florida cities mandating periodic "safety" inspections on structures of a certain age.anything like that there?