You would check with the state regulatory agency for the proof that they are licensed via whatever state the home is located in.

Despite the allure of STRs, the market's complexities and regulatory environment suggest a cautious approach.

It took some work but we jumped through all the regulatory hoops and were able to get site approval on two separate land tracks.  

Nobody (including the NAHB) talks about this.Second, it’s become far more complicated to build new homes from a regulatory standpoint (takes longer, costs more).

So being sticky will help people keep up with changes if the regulatory changes get posted in this thread.

There is always a lot of concern surrounding new regulatory agencies, but I've only seen big changes in residential and consumer debt, so here's the question:What all have you seen/heard/been told in regards to changes controlling the recovery of commercial assets?

Furthermore you are going to have regulatory issues when you sell with owner financing.

So, you'd be responsible for all consumer protection and disclosure responsibilities as well as regulatory requirements for being licensed to do consumer loans in the state the property is in.

The good thing is that you didn't do this "deal" for a client, because you would possibly have another set of (regulatory) eyes on this.

They have been in business since 1978 and have never had any regulatory issues like some of the other big ones.